Our private residential RCBAP product was strategically engineered to provide higher coverage, stronger competitive advantages and a better customer experience than other flood insurance products on the market. The result includes:

  • ~25% savings when compared to NFIP
  • Damage to common areas due to riots covered to a maximum of $5,000
  • Up to replacement cost or the total number of units x $300,000 (whichever is less)
  • Easy quoting and binding processing
  • Actual cash value of commonly owned contents to a maximum of $150,000
  • Customization's available on a case-by-case basis

Eligibility Criteria

  • Post-FIRM and Pre-FIRM construction buildings in eligible NFIP communities within flood zones A1-A30, AE, A, AH, and AO are eligible for PRCBAP.
  • B, X, D (-SFHA) flood zone buildings maybe eligible for PRCBAP on a case by case basis.
  • Building with elevation difference ( between lowest floor elevation and base flood elevation) greater than or equal to -1 are eligible for PRCBAP.
  • Buildings located in areas defined within the Coastal Barrier Resource Act are not eligible for PRCBAP.
  • Buildings partially or fully over water, buildings not walled and roofed or under construction are not eligible PRCBAP.
  • Severe Repetitive loss (SRL) properties as defined by FEMA are not eligible for PRCBAP.
  • Buildings with two or more claims are not eligible for PRCBAP.
  • Buildings located on Islands/Barrier Islands not accepted in the program
  • Buildings located less than 0.5 miles from the coastline unlikely to be accepted for PRCBAP.
  • Buildings located between 0.5 miles to 1 from the coastline somewhat likely to be accepted for PRCBAP.
  • Buildings located more than a mile from a coastline likely to be accepted for PRCBAP unless influenced by other flooding sources such as Lakes or Rivers.

CONTACT US

Assurant can help.

First Name is required Invalid format
Last Name is required Invalid format
Email Address is required Invalid format
Phone Number is required Invalid format
Company is required Invalid format
This field is required