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#1928489 - 06/02/14 05:17 PM Private flood policy versus WYO policy
Puzzled Offline
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How do you tell the difference between a private policy and a WYO policy?

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Flood Compliance
#1928493 - 06/02/14 05:26 PM Re: Private flood policy versus WYO policy Puzzled
rlcarey Online
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rlcarey
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Galveston, TX
One is issued by the NFIP and one is issued by the actual insurance company.

AllState, State Farm, etc. are all WYO agents issuing NFIP policies.

Lloyds of London, is a private insurer.
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#1928505 - 06/02/14 05:35 PM Re: Private flood policy versus WYO policy rlcarey
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Should there be anything on the policy itself that states it is a NFIP policy or do you rely on FEMA's list of WYO companies?

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#1928509 - 06/02/14 05:39 PM Re: Private flood policy versus WYO policy Puzzled
rlcarey Online
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rlcarey
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Galveston, TX
The policies themselves will refer to the NFIP and not the insurance companies. Copies of the standard policy forms can be found here:

http://www.fema.gov/national-flood-insurance-program/standard-flood-insurance-policy-forms#1
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#1928514 - 06/02/14 05:45 PM Re: Private flood policy versus WYO policy rlcarey
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Thanks, I appreciate the help!

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