Are flood insurance policies transferable? | | Yes, always | 9% | | In most cases | 17% | | In some cases | 12% | | No, never | 36% | | Not sure | 24% | | | | | Question: Are flood insurance policies transferable? Top Answer (36% of 41 votes): No, never.
Answer: In most cases
Explanation: This again is based on the type of policy you have | | Jean's Repair Specialist LLC | Answer: In some cases
Explanation: This depends on the state laws and the governing body, the National Flood Insurance Program. There is a clause called 'grandfathering' that allows the transferring of a flood policy.
However, this has to be agreed to by the mortgage company also, because they actually own the home if it's not paid for in full. | | Hazar Financial Services | Answer: Not sure
Explanation: Not sure | | Belocura Cabinetry | | | ProMatcher | Answer: No, never
Explanation: No, every home has to be insured separately, due to location. If you move, you cancel your flood insurance and based on where you move to it will be determined if you need to have a new flood policy rewritten. | | Lockhart's Insurance Services | Answer: In some cases
Explanation: A Flood policy is transferable once in the lifetime of the policy. If the agent/company you are currently working with is not aware of this, call us we will help. | | Fisher Family & Associates, Allstate Insurance | Answer: In most cases
Explanation: As of 2014, new owners can take over previous owners flood insurance policies. | | G.L. Anderson Insurance Services, Inc |
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