Property Insurance Roundtable

Our flood insurance industry experts answer your flood insurance questions.  This roundtable will help you understand which types of damages will be covered and excluded by flood insurance coverage. Replacement cost value and actual replacement value are discussed in length to prepare you for acquiring new policies as well as updating your existing ones. It is recommended you understand all aspects of your policy provisions. For further information on this topic, please read our corresponding Adjusting Today article: "Flood: Understanding and Recovering From One of Nature's Worst Disasters."   Key Takeaways: [:58] What is the National Flood Insurance Program (NFIP) and why is it necessary to hold one of these policies? [2:05] If a community does not have a floodplain management plan, can a policyholder still purchase flood insurance? [3:00] Will the Federal Emergency Management Agency (FEMA) help in my recovery from a large flood disaster? [4:14] What are the guidelines for a flood insurance claim with the N