Virginia Surplus Lines License Number: 105497
Use the rate charts below for all positively ELEVATION RATED properties in their designated flood zones. For all other risks please visit PrivateMarketFlood.com.
Quote Only. Coverage is not bound at this point.
Submission of a complete and signed application is required to obtain coverage.
*Lowest floor for FEMA NFIP rating purposes must be positively elevated as shown on the elevation certificate required to be submitted with the application for coverage.
TFIA's Private Flood Select program does not use the same definitions that FEMA does. Our program is much simpler.
- For single family residences located in Flood Zones AE, AO, AH and A1-A30: the elevation on line C2. a) must be greater than the elevation shown on line B9 on the FEMA elevation certificate. Click here to see an example.
- For single family residences located in Flood Zones VE and V1-V30: the elevation on line C2. c) must be greater than the elevation shown on line B9 on the FEMA elevation certificate. Click here to see an example.
For pre-firm properties and other risks please visit PrivateMarketFlood.com.
**Inland Properties are located more than 2 miles from the Atlantic Ocean, Gulf of Mexico, Inland Waterways, and the shoreline of bays and inlets.
Properties eligible for coverage are single unit residential structures. Private Flood Select coverage is not available for properties located in CBRA areas and non-participating FEMA communities. Also not eligible for coverage are: properties that have experienced more than one flood loss within the past five years, properties with unrepaired flood damage, any property that has been designated by FEMA as a Severe Repetitive Loss property, and properties that have been designated by a duly constituted State or local authority to be in violation of State or local floodplain management regulations (Section 1316).
The insurance policy that you have applied for has been placed with or is being obtained from an insurer approved by the State Corporation Commission for issuance of surplus lines insurance in the Commonwealth, but not licensed or regulated by the State Corporation Commission of the Commonwealth of Virginia. Therefore, you, the policyholder, and persons filing a claim against you are not protected under the Virginia Property and Casualty Insurance Guaranty Association Act (§§ 38.2-1600 et seq.) of the Code of Virginia against default of the company due to insolvency. In the event of insurance company insolvency you may be unable to collect any amount owed to you by the company regardless of the terms of this insurance policy, and you may have to pay for any claims made against you.
*Surplus Lines Tax Rate: 2.25%
*This tax is included in the quoted premium.