Flood Insurance

Transferring collateral flood risk on commercial and residential properties requires an approach that combines NFIP flood zones, FEMA regulations, and policies that are cost-effective for both the consumer and the borrower.

Tracking the flood risk involves different workflows than property hazard insurance due to the additional regulations from FEMA. For delivery systems to remain automated to the lender, systems must remain flexible to the changes in NFIP flood zones, pricing from lender-placed insurance carriers, and notification workflows.

Miniter's web-based, Borrower-Centric Insurance Tracking will be there to continue to provide a compliant, automated approach to flood insurance tracking and delivery.