2019 Private Flood Insurance Report


Now in its third year of publication, the annual Private Flood Insurance Report reviews the market share trends as 33 additional carriers enter the market in 2018. Data includes market share of the top 25 carriers and breakdowns by residential and commercial lines.

This year’s geographic analysis focuses on coastal states at highest risk for storm surge during hurricane season.  This analysis highlights the insurance gap between NFIP policies written in these states and number of homes identified for flood risk during storm surge.  Finally, the report reminds readers that, as of July 1st, lending organizations will be required to accept private flood insurance presented by borrowers, if it meets the required definition of private flood insurance, as spelled out in the Biggert-Waters Act.