The new private flood insurance rules are finally here! One thing to note is that they specifically dictate that a lender cannot reject a private flood insurance policy simply because it doesn’t include the compliance aid statement. This means, you are still going to have to understand the criteria and do your due diligence when a private flood insurance policy is provided to determine whether or not you must accept it relative to the mandatory acceptance conditions.
If you didn’t know the rules just came out or you want to learn what they are all about, you’re in luck!
We have put together a 30-minute webinar to get you up to speed and give you everything you need to know about these new requirements.
We hope to see you there. Register today! We can’t wait to see you there!