In this video, Owner & Agent Matthew Jones explains the process of transferring a flood insurance policy and how it can help you save on premiums. He discusses the changes made by FEMA in 2021 and the new rating system called Flood 2.0. He also shares a real-life example of a client who saved over $900 a year by transferring their policy. If you’re buying a home in a flood zone, this video will provide valuable information on how to keep your flood insurance premium down and benefit from the old rating system.
