Named Storm Coverage Availability in Florida Notice:
 Hello, We understand the unique challenges and risks posed by Florida weather patterns. As such, we are pleased to inform you that National Real Estate Insurance Group has secured a limited amount of additional capacity for Named Storm coverage in this state. Insurance Coverage Requirements: Coverage amount equal to or greater than $150/ sq. ft. Maximum Total Insured Value (TIV) of $1MM per location Minimum $5,000 all other perils (AOP) deductible Wind deductible of 5% of the TIV – subject to a $5,000 minimum Ineligible Counties: Broward Hillsborough Miami-Dade Palm Beach Pinellas Act fast. This coverage is available on a first-come, first-served basis. Given the high demand and limited availability, proposals will only be valid for 72 hours. Contact your Client Service Advisor to request a proposal for your Florida location(s). As a reminder, as soon as a storm is given a name by the National Weather Service, standard Wind/Hail coverage no longer applies. For damage caused by a named tropical storm or hurricane to be covered, your property policy must include Named Storm coverage. Thank you for your business, NREIG Team |
