Are you aware of the new FEMA flood rule that allows property owners to move their FEMA flood policy, at any time, to the private flood insurance market. So what does this mean for YOU?Due to this massive change (FEMA flood rule 26 – part of the WYO Bulletin W-18008), homeowners can now move your flood insurance policy from FEMA to a private flood insurance company at any time. This can possibly save you 50% or more in many cases. There are a few specifics that one must follow in order to do so, but it is not that hard when you are working an agent that understands these new rules and steps that need to happen.
Here is a brief description of the rules and guidelines in order to start saving you money on flood insurance.
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