Amityville NY Private Flood Insurance Quote
This document was prepared by the National Flood Insurance Program (NFIP) to help you understand your flood insurance policy. It provides general information about deductibles, what is and is not covered by flood insurance, and how items are valued at time of loss. This document is based on the Standard Flood Insurance Policy Dwelling Form, which is used to insure one to four family residential buildings and single family dwelling units in a condominium building. There are two other policy forms:
● The General Property Form is used to insure five or more family residential buildings and non-residential buildings.
● The Residential Condominium Building Association Policy Form is used to insure residential condominium association buildings.
While the three forms are similar in many ways, there are differences as well. For example, the General Property Form does not provide coverage for contents in any building other than the insured building, and the Residential Condominium Building Association Policy Form contains a coinsurance clause, which provides for a pro rata reduction in the building claim payment if the building is not insured to 80 percent of its replacement value.
We are a family insurance agency founded in 1968 specializing in flood and homeowner insurance for people who live near the water.
Lloyd's of London, a 330 year old insurance company, rated "A" Excellent by AM Best provides the same coverages as FEMA. Unlike FEMA you can cover your dwelling for the full replacement value. We will compare FEMA's rates with Lloyds of London Insurance Company's rates. Many times Lloyds of London Insurance Company has a much lower flood insurance premium than FEMA
Advantages of private flood insurance
Higher building and personal property limits
Shorter waiting period, approximately 14-15 days
Customized coverage limits and deductible options
Surplus lines product financially backed by A.M. Best A-rated carriers
Private Flood Insurance may be much cheaper in many cases and sometimes 30-60% of the premium provided by NFIP (National Flood Insurance Program)
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"The Town Agency helped me get the right coverage on my auto and home insurance. A live person always answers the phone and everyone was so helpful. They have the lowest rates and even helped my mom get a better policy too.
- Leo Yamhzi
"I've used the Town Agency for years and they have always been helpful. When I had a fire John came to my house and was a big help. I highly recommend them."
"They saved me money and made changing my insurance a breeze. Keep up the good work guys"