Flood insurance policies do not renew automatically, so it is important to work with clients every year to ensure their coverage does not lapse. Flood insurance renewals can provide an important annual touchpoint with clients, and an opportunity to remind them of the value of flood insurance.
Help ensure your customers remain covered by working with them to:
Work with your clients to renew their flood insurance coverage annually.
Understand cost savings opportunities for your clients.
If your client is considering cancelling a policy, consider explaining that flood risk changes over time, and talk to them about the value of flood insurance and why they should reconsider.