Who is eligible for Novatae’s Flood Insurance Program?

Our flood program is available to both residential and commercial clients in the U.S., including properties in all flood zones, CBRA areas, and non-NFIP-participating communities.

What types of properties are covered?

Eligible properties include single-family homes, multi-unit residential buildings, commercial properties, and vacant properties. Mixed-use buildings and high-value risks are also supported.

How much flood coverage is available?

We offer up to $2.5 million in primary flood coverage and up to $3.5 million in excess coverage. Open market options are available for total insured values up to $1 billion.

Can this policy sit above NFIP coverage?

Yes. We provide excess flood coverage that sits above NFIP limits in all zones and also offer coverage for properties in non-participating NFIP communities.

What additional features are available?

Our program offers Additional Living Expense, Business Income, Rental Value, Replacement Cost on contents, and multiple deductible options to tailor coverage to client needs.

How do I access the Flood Rater tool?

Retail agents can request access to our Flood Rater tool by emailing flood@novatae.com. This tool allows for instant rating, quoting, and binding of flood policies.

Where It Rains, It Can Flood

Primary & Excess Flood Insurance Solutions

Flooding is the most common and costly natural disaster in the United States—yet many clients remain drastically underinsured. Novatae’s private flood insurance program provides powerful solutions for both residential and commercial risks, with Primary and Excess flood coverage options designed to go beyond the limits of the National Flood Insurance Program (NFIP).

Retail agents can protect clients—and their own E&O exposure—by offering broader protection, higher limits, and more flexible underwriting than traditional NFIP policies. Our exclusive Flood Rater tool allows you to rate, quote, and bind policies faster than ever, so you can deliver solutions in minutes, not days.

Why Offer Novatae’s Flood Insurance Program?

Tailored Protection Beyond NFIP Limits

Many high-value properties exceed the NFIP’s $250,000 building limit for residential properties and $500,000 for commercial properties. Our program fills that gap with excess flood options up to $3.5 million—and even open market access up to $1 billion TIV.

Faster Underwriting with the Flood Rater Tool

Our proprietary Flood Rater allows agents to rate, quote, and bind both primary and excess flood accounts quickly and accurately. Submit requests with ease and increase speed to bind without sacrificing underwriting quality.

Flexible Solutions for Residential & Commercial Clients

Whether your client is a homeowner, landlord, business owner, or investor, Novatae’s flood solutions are built to scale. We support complex residential, commercial, and vacant property exposures in both NFIP-participating and non-participating zones.

Expanded Coverage Offerings

In addition to traditional flood coverage, our program offers unique benefits like Additional Living Expense (ALE), Business Income and Rental Value protection, and Replacement Cost on contents—flexibility your clients won’t find with standard NFIP policies.

NEW FLOOD RATER TOOL – SIGN UP TODAY
Now you can quickly rate, quote, and bind primary and excess flood coverage accounts. Request your login credentials today by emailing flood@novatae.com

Availability, Terms & Conditions, and company markets may vary by state.

PROGRAM HIGHLIGHTS

Private Flood Insurance Program

An alternative to the NFIP, our private flood program is underwritten with broad eligibility and competitive pricing to help clients who are underserved or overpriced by government-backed policies.

Primary & Excess of NFIP Options

We offer standalone primary flood insurance as well as excess policies that build on NFIP coverage. This dual-layered structure allows agents to protect high-value assets without gaps or stacking concerns.

Personal and Commercial Lines

Residential homes, multifamily properties, and commercial buildings are all eligible under Novatae’s flood program. We support mixed-use, investor portfolios, and high-TIV accounts.

Coverage Flexibility

We offer a range of deductibles and limit structures to meet the financial needs and risk tolerance of each client. Add-ons include Additional Living Expense and Business Income coverage.

Replacement Cost on Contents

Upgrade clients from actual cash value to Replacement Cost coverage on contents for both residential and commercial accounts—protecting what matters most with superior terms.

Vacant Property Eligibility

Unlike many flood carriers, Novatae’s program includes options for vacant homes and buildings, ensuring investor and builder risks aren’t left unprotected.

Primary & Excess Flood Coverages

Primary Flood Coverage up to $2.5M

We offer primary flood coverage up to $2.5 million on any one risk—including both residential and commercial properties—with competitive terms and fast turnaround.

Excess of NFIP Across All Flood Zones

Our program allows excess coverage to sit above NFIP policies across all flood zones, including A, V, and X. We also support communities that are non-participating in the NFIP, filling a major market gap.

High-Limit Excess Coverage for High-Value Properties

Clients with property values above NFIP limits can access excess coverage up to $3.5 million—or up to $1 billion TIV through open market placements. This is ideal for high-net-worth individuals and commercial portfolios.

Coastal Barrier Resource Area (CBRA) Support

We specialize in tough-to-place flood risks, including CBRA zones. Our market access gives agents a competitive edge where others fall short.

Open Market Access Up to $1 Billion TIV

For large or layered placements, Novatae can access excess and surplus markets offering flood limits up to $1 billion in Total Insured Value (TIV). This makes us a valuable partner for commercial brokers and MGAs needing flexible options.

ADDITIONAL PROGRAM FEATURES

Streamlined Access with Flood Rater

Retailers can quote and bind with speed and accuracy using Novatae’s exclusive Flood Rater tool. Email flood@novatae.com to request your credentials and get started.

Broad Market Access

Our program features leading flood carriers and specialty markets with appetite for challenging risks. This means agents can find solutions for properties overlooked by standard markets.

Dedicated Flood Expertise

Our team understands flood inside and out—from NFIP compliance and lender requirements to coastal exposure and excess structuring. We’re here to help you win complex accounts and protect clients with confidence.