If flood insurance customers scrutinized these requirements on the basis of claims and claim payments, they’d see a discrepancy between the $1.8 billion they annually put into the NFIP and the $490 million annual average payout that they receive in NFIP claim payments.
Flood Zone Correction, Inc., reminds them to add “flood risk analysis,” a process that reveals whether or not there is a justification for the lender’s flood insurance requirements or an indication that the flood insurance requirements should not exist. Flood Zone Correction, Inc., headquartered in West Palm Beach, FL, is an advocate for residential and commercial building owners throughout the country, promoting fairness in the evaluation of flood risk and the imposition of flood insurance requirements.
Flood Zone Correction, Inc, has successfully reclassified over 90 percent of the residential and commercial properties evaluated, saving clients millions of dollars and adding tens of millions of dollars to property values.
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