Wright Flood provides flood insurance, excess flood coverage and leading industry expertise, earning an A- (Excellent) rating from A.M. Best. Through federal flood insurance and the National Flood Insurance Program (NFIP) we provide policies to protect homes, businesses, and their contents from flood disasters. But more important than providing policies, at Wright Flood we take pride in offering more support, greater expertise, and our ongoing commitment–especially at the time of flood loss with our exceptional claims services.
As the largest provider of federal flood insurance (NFIP) policies in the U.S., our roots date back to the inception of the Write Your Own (WYO) Flood Program in 1983. In 2011, Fidelity National Flood became a member of The Wright Insurance Group under the new name, Wright Flood. We have been there to help communities recover from local floods and large disasters, like Katrina, Wilma and Irene. We are the people who are there when you need us and we think that’s the measure of the right relationship.
Effective April 1, 2015, a Congressionally mandated surcharge will be added to all policies to offset the subsidized policies and achieve the financial sustainability goals of Biggert-Waters. A policy for a business property will include a $250 surcharge. The fee will be included each year on all policies, including full-risk-rated policies and those in moderate- to low-risk areas, until all pre-FIRM subsidies are eliminated. The surcharge is not considered part of the premium and is not included in the annual caps on premium increases. Implementation of this surcharge starts after April 1, in 2015. It is important for homeowner’s to fill out the Statement of Primary Residence Status form in order to decrease the surcharge from $250 to $25. Please contact us if you have any questions about this surcharge.
Learn more about Wright Flood by visiting their website: www.wrightflood.com