Skip to content

Issuing Flood Insurance Prior To Construction

Answered by: 

I have an insurance company that is telling me it is impossible for them to issue a flood insurance policy on a construction loan before the slab is poured. Is this true?

To determine the correct insurance, the base elevation must be known. Therefore, the flood insurance company wants the slab (or footers) to be completed.

First published on 07/07/03

First published on 07/07/2003

Filed under: 
Filed under compliance as: 

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics