Is there coinsurance on a flood policy?

1
Juliet O'Kon asked a question: Is there coinsurance on a flood policy?
Asked By: Juliet O'Kon
Date created: Sun, Jun 13, 2021 5:22 AM
Date updated: Thu, Jun 23, 2022 11:28 AM

Content

Top best answers to the question «Is there coinsurance on a flood policy»

According to the National Flood Insurance Program, coinsurance only applies when looking at residential condo policies or condo association policies. When it comes to your traditional single home policy, coinsurance does not apply when it comes to standalone flood insurance.

Your Answer