Top Coverage & Policy Issues Stories
HUD to allow private flood insurance for FHA-insured mortgages
By Steve HalloPreviously, only NFIP insurance was allowed for FHA-insured mortgages, which limited consumers' options, HUD reported.
News and information for property & casualty insurance agents & brokers on coverage and policy issues, including policy analysis related to whether a client’s loss is covered. Coverage questions are answered as to who is liable in the event of a loss, in order to most effectively serve the client when a claim is filed.
Previously, only NFIP insurance was allowed for FHA-insured mortgages, which limited consumers' options, HUD reported.
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