Excess Flood

September 2011

This year we have seen unprecedented weather conditions in the Northeast, including catastrophic floods and earthquakes. Many homes and businesses found themselves without the proper coverage. Those who purchased flood insurance through NFIP may not have had enough coverage due to the limit caps on the program. Our Excess Flood Program can offer higher limits to help solve the coverage needs of your customers.

*Excess Flood*
Program Highlights:
Limit:	-		$10,000,000 aggregate over all interests
Minimum Attachment Point:	-		Maximum limit available *(ie. $250,000 Residential / $500,000 commercial)* under the NFIP for both buildings and contents
	-		Loss of income (all zones) - 30 days subject to a minimum of $50,000 annual
Coverage Available:	-		Buildings, Contents and Loss of Income (including extra expense)
Eligibility:	-		Any Commercial or Residential Property Risks located all states except Virgin Islands, Louisiana (south of Interstate 10), New York (Fire Island), Missouri (Chesterfield Flats)
*Click here for simple application!*
*Note:*		Primary Flood must be purchased through NFIP for the building

Earthquake
Program Highlights:
Limit:	-	Up to $10,000,000
Deductible:	-	Starts at $25,000 any one occurrence
Eligibility:	-	Must be written in conjunction with Excess Flood
	-	Risks located all states except California, Washington, Oregon, Alaska, Hawaii, New Madrid Zones 2 through 5, Puerto Rico, USVI and Guam


Tony Ambrose, ext. 143 Vice President / Senior Broker aambrose@RussellBond.com	Ed Reilly, ext. 501 Vice President / Senior Underwriter ereilly@RussellBond.com


*Russell Bond & Co., Inc.* *dba Russell Bond Insurance Services (CA Lic #: OF76017)* 866 Ellicott Square Bldg. \| 295 Main Street \| Buffalo \| NY \| 14203 1670 Whitehorse-Hamilton Square Road \| Hamilton \| NJ \| 08690 Hampton Ponds Plaza #12 \| 1029 North Road \| Westfield \| MA \| 01085 800.333.7226 \| www.RussellBond.com \| Fax: 800.677.6779