Commercial Flood insurance

Competitive private flood insurance coverage ideal for residential, commercial, and condominium buildings

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Competitive flood insurance coverage ideal for residential, commercial, and condominium buildings

DUAL’s flood program focuses on private primary flood insurance and excess flood insurance solutions. Not only may your homeowner's policy not cover flooding, even if it does you may still need excess coverage to truly protect your home or business. DUAL offers primary flood coverage through their revolutionary online rating portal as a competitive alternative to the NFIP. Excess flood coverage available in all 50 states. 

  • A XV

    A.M. Best rated carrier

  • Online rating capabilties

  • Non-admitted, nationwide coverage

Excess flood insurance overview

Damages from flooding could be more than your standard flood insurance policy can protect. If your estimated cost to rebuild is higher than the limits, you need an excess flood insurance policy to be sure that funds are available to repair your home or business.

Program appetite

  • Residential dwelling (1-4 family)
  • Commercial properties
  • Apartments
  • Multi-family
  • Condominiums
  • Positively elevated risks in A+V zones

Limits

  • Up to $25m all coverages combined (higher limits available on a submit for rating basis)

 

What does excess flood insurance cover? 

Coverages available include:

  • Real property
  • Contents - household or business contents
  • Loss of income - net business income or loss of rent

Primary flood insurance overview

Primary flood insurance coverage offered through our revolutionary online rating portal as a competitive alternative to the NFIP.

Key features

  • Non-admitted, nationwide 
  • Online portal for quoting, issuing and binding 
  • Three different capacity providers 
  • Replacement cost coverage for building and contents 
  • Ability to schedule multiple locations into one policy 
  • Competitive rates based on tier county locations 
  • Policy wording accepted by lenders 

Program appetite

  • Residential dwelling (1-4 family)
  • Commercial properties
  • Apartments
  • Multi-family
  • Condominiums
  • Positively elevated risks in A+V zones

Limits

  • Building and contents - $5m combined on any one building per occurrence (building and contents)
  • Business income/loss of rents - $500,000 per occurrence

What does primary flood insurance cover?

Coverages available include

  • Buildings and contents coverage mirrors the NFIP form and is lender compliant
  • Business income/rental value (including extra expense)
Flooded street

Excluded risks

  • Risks located in NFIP Emergency, Suspension, or Probation Communities
  • Food stuffs & perishable goods, medical equipment, and contents in the open
  • Mobile/manufactured/pre-fab homes
  • Properties built on stilts over water
  • Repetitive loss risks
  • Properties located in non-participating communities
     

Submission requirements

  • NFIP/Acord application or renewing NFIP dec page
  • DUAL supplemental
  • Elevation certificate needed for post firm A or V zones to bind coverage
  • Excel SOV for multiple locations
  • Confirmation of no prior flood losses
  • Loss runs

Continuing Education with DUAL Flood

Earn your 3 CE credit hours and dive into the ins and outs of flood insurance covered in our interactive continuing education course.

Register today

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