What documents need to submit with flood insurance application?
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Asked August 1, 2011
1 Answer
When applying for flood insurance, there are five documents that may need to be submitted to the insurance company, including:
- Elevation certificate: This is a document that shows the elevation of a property relative to the base flood elevation (BFE) in the area. It helps determine the flood risk of the property and the appropriate insurance rate.
- Property information: This includes information such as the address, property type, construction type, number of floors, and square footage.
- Proof of ownership: This includes documents such as a deed, mortgage statement, or property tax bill that show ownership of the property.
- Insurance history: This includes information about any previous flood insurance policies, as well as other insurance policies for the property.
- Payment information: This includes payment for the flood insurance policy, which may be paid annually or as a lump sum.
Answered August 1, 2011 by Anonymous