In this podcast we are discussing flood ways. Are they creating a one way street for flood insurance.
We briefly discuss the two types of flood insurance
What impact does floodways have on flood insurance? Does it impact a NFIP and private flood policy the same way?
Remember NFIP and private flood insurance look at underwriting differently when it comes to determining flood insurance rates.
When a flood map is changed it can also change the flood way. As a result it can impact flood insurance. We discuss what can happen when these flood ways change.
If you have questions about flood insurance or floodways make sure to visit our YouTube channel or Facebook page The Flood Insurance Guru.