nfip course /tutoril how to handle claims

Does the NFIP offer in-person or online training?

The National Flood Insurance Program (NFIP) offers in-person and online training courses or licensed property and casualty insurance agents. To mitigate the spread of COVID-19 and following CDC guidance, courses are offered as a webinar instead of in-person training.

How do I become an independent adjuster for NFIP?

Claims Adjuster Certification Presentations To adjust flood losses for NFIP insurers, independent adjusters must register with FEMA and possess an active Flood Control Number (FCN). Adjusters must meet certain qualifications and attend an annual NFIP Claims Presentation.

Where can I find NFIP flood insurance training?

Registration details will be announced soon. Insurance agents can also find NFIP flood insurance training online through the FEMA Emergency Management Institute (EMI) Independent Study Program. Please note: These courses are not approved for CE credit by any State Department of Insurance.

What is the nfnfip agent webinar learning series?

NFIP’s agent webinar learning series highlights the types of flood risks, marketing strategies, and valuable resources available for selling flood insurance and assisting current clients. See below for the current selection of free webinars.

How do you study with flood insurance?

0:139:55How to Use a Flood Insurance Study (FIS) - YouTubeYouTubeStart of suggested clipEnd of suggested clipVideo the sfha is the land area that is expected to be inundated by the waters of the 100 year floodMoreVideo the sfha is the land area that is expected to be inundated by the waters of the 100 year flood depending on where you live your fis is designated either for a local municipality.

What is an NFIP claim?

Whether your home experienced inches of flood water or a few feet, the National Flood Insurance Program (NFIP) can help you recover. If you're an NFIP policyholder, follow the steps below to begin filing your flood claim. Start a claim. Report your loss immediately to your insurance agent or carrier.

How can I improve my NFIP?

Provide more resources for homeowners and communities to cope with flood risks. People in flood-prone areas need more resources to help them reduce their flood risks, including through elevation of homes, community-wide efforts such as maintaining floodplain open space, and other flood-proofing investments.

How does the NFIP use binders?

The NFIP does not recognize binders. However, for informational purposes only, the NFIP recognizes Certificates of Insurance and similar forms for renewal policies.

How do I make a flood claim?

If you need help claiming, you can call the Emergency Information Line on 180 22 66.

How do you itemize an insurance claim?

Here are 12 tips for itemizing your damage for a homeowners claim.Make a List and Take Photos. ... Stay Organized. ... File Your Claim Immediately. ... File a Police Report, Too. ... Don't Rush the Process. ... Make Temporary Repairs. ... Save Those Receipts. ... Know What Your Policy Does and Doesn't Cover.More items...•

What is wrong with NFIP?

The NFIP went into an unprecedented amount of debt due to the high number of claims after Katrina (GAO 2020). A continued preponderance of high-loss years has led to a debt of $20.5 billion USD, and projected revenue streams are not sufficient to repay the amount (Elliott 2021; GAO 2020).

What are some flaws built into the NFIP?

Major outstanding issues: Outstanding debt cannot be repaid solely through premiums. Barriers to private sector involvement need to be examined, but private fees must help pay for mitigation and mapping. There is no national requirement for property owners to disclose flood risk.

Why is the NFIP in debt?

The NFIP currently owes $20.525 billion to the U.S. Treasury, leaving $9.9 billion in borrowing authority from a $30.425 billion limit in law. This debt is serviced by the NFIP and interest is paid through premium revenues.

What is the maximum deductible allowed under the NFIP?

For these types of buildings, the NFIP has minimum deductibles of $1,000 for policies with $100,000 or less in building coverage and $1,250 for policies with $100,000 or more in building coverage....NFIP flood insurance deductibles.Building deductibleContents deductibleInitial discount$10,000$10,00040%5 more rows•Oct 15, 2021

What is a NFIP suffix number?

A 6-digit designation identifying each NFIP community. The first 2 numbers are the state code. The next 4 are the FEMA-assigned community number. An alphabetical suffix is added to a community number to identify revisions in the Flood Insurance Rate Map (FIRM) for that community.

What is the NFIP deductible?

NFIP flood insurance deductibles can range from $1,000 to $10,000 for both the building and contents. If you choose a $10,000 deductible, you could get a 40% discount. The problem can be paying that deductible amount if you have damage.

What is NFIP training?

The National Flood Insurance Program (NFIP) offers in-person and online training courses or licensed property and casualty insurance agents. To mitigate the spread of COVID-19 and following CDC guidance, courses are offered as a webinar instead of in-person training.

Which states require agents to complete both parts of the CE course consecutively?

Please review the CE information page for your state for important details. Note: The states of California, Illinois, Michigan, Oklahoma, Utah, and Virginia require that agents complete both parts of the course consecutively, in the same week, to receive credit for the course.

Is the Flood Insurance 2 part webinar CE?

CE is provided at no cost to attendees. Please review the CE information page for your state for important details.

When is the NFIP online training?

Based on the language above, it was assumed by many that the online training was approved to replace the traditional classroom NFIP Adjuster Workshops, which are held from January to May 31st each year.

When are adjuster workshops not available?

Adjuster workshops are not offered after May 31st and the NFIP will not accept certification applications nor issue FCNs after that date. The only exception to that is if FEMA approves emergency certifications.

Can you count on FEMA emergency certification?

We encourage you to NOT count on emergency certifications – there is never a guarantee that FEMA will authorize an emergency certification, even in the event of a large flood. It is much better for you to be to be prepared in advance by completing the certification process!

What is NFIP certification?

The National Flood Insurance Program (NFIP) is a government-run insurance program created after terrible flood losses in 1968 following Hurricane Betsy. NFIP is the insurance side of the Federal Emergency Management Agency (FEMA).

Requirements for NFIP certification

The hurdles to obtain an NFIP certification are large and most adjusters don’t pursue it due to the difficulties. As I mentioned before, I believe this could be a mistake. It takes time, but obtaining the NFIP certification could be a game-changer for you in your career.

How to get NFIP Certification through FEMA

For most new independent adjusters, the four-year experience requirement can be the biggest hurdle to overcome, but don’t lose heart! There are other options that can get you working flood claims prior to your reaching your four year experience requirement.

Start building up your independent adjuster certifications

When getting started as an independent adjuster, it can be difficult to think four years into the future about getting NFIP certified. Being aware of the certification and watching for mentorship opportunities or NFIP class will help prepare you for a long and successful career as an independent adjuster.

Course Outline

This 3 Hour course will meet your one time Certification Requirements to start selling Flood Insurance in the state of Ohio.

Instructor Bio

Keith Haley is the Online Insurance instructor and industry expert for At Your Pace Online. In addition to his insurance license, Keith holds a Bachelor's degree in Finance, Master's degree in Education, and is a Certified Financial Planner and licensed insurance producer.

Flood Insurance Manual – Effective October 1, 2021

Use this edition of the manual for rating new business policies with effective dates on or after Oct. 1, 2021, and, optionally for those policies with effective dates between Oct. 1, 2021 and March 31, 2022 that will be renewing under the new pricing methodology.

Flood Insurance Manual - Effective April 1, 2021

Use this edition of the manual for rating new business policies with effective dates before Oct. 1, 2021, and, optionally for those policies with effective dates between Oct. 1, 2021 and March 31, 2022 that will be renewing under the legacy pricing methodology.

Course Outline

This 3-hour course is designed to meet the requirements you need to start selling flood insurance in Florida!

Instructor Bio

Keith Haley is the Online Insurance instructor and industry expert for At Your Pace Online. In addition to his insurance license, Keith holds a Bachelor's degree in Finance, Master's degree in Education, and is a Certified Financial Planner and licensed insurance producer.