Flood Rules: Demystifying the Tricky Spots
We will make sure you understand the flood rule basics: mandatory purchase requirements, notices, and force placing coverage. (Rec. 6/17/21)
Recorded: June 17, 2021
We will make sure you understand the flood rule basics: mandatory purchase requirements, notices, and force placing coverage. We will also allocate time to discuss in more detail some of the trickier nuances of the flood rules.
We will cover:
- The Foundation: Mandatory purchase requirements, determining the amount of coverage needed, SFHA Notices to borrowers, force placing
- Allocating coverage when there are multiple structures
- When you need contents coverage
- The abundance of Caution liens
- A few nuances around MIRE that you need to know
- Private flood insurance, including the Mandatory Acceptance Rule and clarifications provided by some of the new proposed FAQs
- Mandatory escrow rules
Tools:
- Flood insurance calculation worksheets (incl. multiple buildings)
- Sample FDPA policy
- Sample flood insurance monitoring spreadsheet
- Private flood insurance checklist
- Your registration includes:
- A copy of the presentation materials
- Unlimited video replay
Refund Policy:
If you will have any issues with attending the simulcast, we offer a No Questions Asked Refund Policy any time before the start of a live simulcast.
CBANC Complaint Policy:
The goal of CBANC Education is to provide quality educational content and excellent service to our users. If you have any questions or concerns regarding the quality of our content or service, please contact us at support@cbancnetwork.com.