HOW NEPTUNE FLOOD BECAME THE BEST FLOOD INSURANCE PROVIDER
In 2018, Neptune Flood launched to help more efficiently connect consumers to the global insurance markets. Beginning with an innovative flood insurance product and the early stages of what would become a complex Artificial Intelligence engine called Triton, Neptune has helped to provide affordable coverage for thousands of Americans delivered through an intuitive and on-demand platform.
ALL POLICIES RATED A OR BETTER BY AM BEST
Neptune Flood Insurance is backed by some of the largest insurance markets in the world. They are significant players in the U.S. market and are rated “A” (Excellent) or better by A.M. Best. With this financial stability, Neptune feels confident in waterproofing people’s lives day in and day out with high limits and additional coverages.
WHY ARE PRIVATE FLOOD PROGRAMS NECESSARY?
The majority of flood coverage in the United States is written by the government. The National Flood Insurance Program (NFIP), established by Congress in 1968, offers flood coverage to homeowners, renters and business owners if the community participates in the program.
WATERPROOF YOUR ASSETS WITH COMMERCIAL & RESIDENTIAL FLOOD INSURANCE.
Neptune offers enhanced coverage that can save up to 25% of your premium, for exactly the same coverage as your NFIP policy, thanks to the use of advanced technology.
LOWER PRICE IS NOT THE ONLY BENEFIT.
Neptune’s greater coverage options allow you to tailor your policy to cover more of your assets. These options, not available through the NFIP, include replacement cost, temporary living expense, basement contents, pool repair/refill and detached structures. Neptune also provides higher limits of coverage, up to $4,000,000 for your home and $500,000 for contents, compared to $250,000/$100,000 with the NFIP. Finally, there’s a reduced waiting period at Neptune – only 10 days vs. the 30-day waiting period under the NFIP. For a loan transaction, there’s no waiting period.