How do people handle insurer's who will not provide a policy until the slab is poured? Secondly, how do you calculate the escrow for closing under those circumstances? Is anyone running into these issues?

How do people handle insurer's who will not provide a policy until the slab is poured?

Tell them you won't make them a loan and they need to find a new insurance agent.

Is it possible that the final elevation certificate can't be produced until this happens? I don't see a horrible issue with it, [so long as structural materials aren't stored on site] but tracking could be aggravating if you have lots of these.

That is what a provisionally rated policy is all about. You don't need an elevation certificate.

I built a house in a flood zone. First, Randy's right - find a new agent. Tell them to read the Flood Insurance Agent's manual. It's crystal clear that it can be sold based on estimated elevation and estimated value.

Joker: If you delay the purchase of the insurance until the slab is poured, you right about having to track it (more work and risk), PLUS getting the borrower to cooperate after loan closing is not always easy, PLUS there may be a 30 day delay in getting the insurance (spending on when it is applied for).

THUS, just get it before loan closing and avoid of all of this hassle. Again, if the agent would simply read their manual, they'll see it can be done and it's not that hard.

I don't disagree with y'all at all...but I have seen an instance or two where the customer was in the midst of getting a LOMA-F and had every reason to believe it would go through. But then, I suppose it could be a structure being built on piers near water, and still might have a slab for use during non-flood times....we have those around here too.