NFIP (National Flood Insurance Program)

Message Author
ampm-bookmark
delicious-small Add to delicious
yahoomyweb-small Add to YahooMyWeb
blinklist-small Add to BlinkList
PostPosted: Fri Sep 26, 2008 5:20 am   Post subject: NFIP (National Flood Insurance Program)  

Hi all..I've recently come across a magazine which depicts that global warming could well be the cause of a lot of evacuations..leaving many of us home less. Someone told me that NFIP (National flood Insurance Program) could really help business owners like me along the coastlines (I am running a small inn though). I'd love to know if this program has got something to do with home insurance? If not what does this program actually cover? Also, I'd like to know the eligibility criteria to apply for this program?

Purpleheaded08


_________________
Register Now to have your Insurance queries solved.
Purpleheaded08
Guest







PostPosted: Fri Sep 26, 2008 5:26 am   Post subject:   

Hi Purple,



NFIP is a real powerful program...but I don't think it would be of any help to your real assets within the home or the facilities outside the home. But all I know about NFIP is that it is helpful for the home owners who are based nearer to the coasts through covering certain smaller equipments that form a part of their daily lives. Lets wait and see what other information comes up! Smile

Regards, ArindamSenIndies

ArindamSenIndies
Senior member
Leave a quick message

ArindamSenIndies

Joined: 14 Feb 2007
Posts: 360


68.94 Dollars($)

PostPosted: Fri Sep 26, 2008 6:26 am   Post subject:   

The NFIP is a specially designed policy to provide coverage to the homeowners residing in the flood plains. It covers the building property upto the limit of $2,50,000 and the contents within upto the limit of $1,00,000. You can purchase both types of coverage upon your requirement.

jeorge
Senior member
Leave a quick message

jeorge

Joined: 07 Oct 2005
Posts: 798


132.85 Dollars($)

PostPosted: Tue Sep 30, 2008 7:19 pm   Post subject:   

Everyone lives in a flood plain. True...every home has a flood plain rating.



The rating of the flood plain depends on your location to a water source - and the likelyhood of that water source flooding.



The website explains the different flood plains:



http://www.fema.gov/plan/prevent/fhm/fq_gen13.shtm



_________________

Life moves pretty fast. If you don't stop and look around once in a while, you could miss it. - Ferris Bueller
LifeIsGood
Senior member
Leave a quick message

LifeIsGood

Joined: 22 Sep 2008
Posts: 574


1.30 Dollars($)

Quick Reply
Your Name
Subject
Message body
All times are GMT
Page 1 of 1


Get a Quote
Ask Community Experts

flash plugin

Quick Links

Must See

Community

Hot topics in forums

Latest in blogs

AmPmInsure on Facebook



Page loaded in 4.160 seconds.