The LGPIF now restricts surface water to $1,500,000. Previously, coverage was provided up to the total values on the policy.
The number and severity of summer storms has been increasing. With this increase, the amount of rain water has also increased leading to the inundation / overflow of the current storm drain systems. This runoff is considered surface water and is now restricted.
If you are in an area that is prone to inadequate storm water drainage, in an area that storm drains have not been updated to today’s standards, or in an area that cannot handle heavy rain flow, then you may be susceptible to Surface Water loss.
At R&R Insurance, we have the ability to help you evaluate your exposure. We know how to research and read the NFIP – FIRM data. We can help you understand your exposure and offer alternative solutions. Please contact me to discuss your exposure.
- Restrictions on Flood Coverage
- Reduction in Ordinance and Law Coverage
- Addition of an Anti-Concurrent Causation Coverage Restriction
