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Are flood insurance policies transferable?

Yes, always
12%
In most cases
18%
In some cases
12%
No, never
31%
Not sure
25%
Next Question
Question: Are flood insurance policies transferable?
Top Answer (31% of 32 votes): No, never.

Answer: Not sure
Explanation: Not sure
Belocura Cabinetry
Answer: In most cases
Explanation: Yes, in most cases flood insurance is transferable, but the original owner must sign it over to the new owner, but it's highly recommended to start a new policy in your name just to make sure the previous owner would not be issued the money if there was a flood.
Farmers Insurance-Chris Faverty Agency
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
ProMatcher
Answer: In most cases
Explanation: As of 2014, new owners can take over previous owners flood insurance policies.
G.L. Anderson Insurance Services, Inc
Next Question
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Free Insurance - Flood Cost Estimates

Related Questions

My house has flooded in the past. Can I still purchase flood insurance? Top answer: Yes

Can a mortgage lender require me to buy flood insurance?Top answer: Yes

Can I still buy flood insurance if I don't live in a high-risk flood zone?Top answer: Yes

Does flood insurance typically cover earthquake-related flooding?Top answer: No

Can renters purchase flood insurance?Top answer: Yes

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