Pennsylvania Highlights Private Flood Insurance

Pennsylvania Insurance Commissioner Teresa Miller announced that the state’s Insurance Department has created a new “one-stop shop” webpage to make information on private market flood insurance more accessible to Pennsylvania homeowners and renters.

The new webpage is available by going to www.insurance.pa.gov, and clicking on “Flood” under Top Pages. The page lists flood coverage available to Pennsylvania homeowners and renters.

The new webpage lists several surplus lines producers selling flood coverage in Pennsylvania, as well as a number of Pennsylvania licensed insurers that have started to write the coverage, though licensed insurers typically provide coverage for only a very limited market at this time.

Miller last month testified before a Congressional subcommittee in support of proposed federal legislation that would help facilitate the entry of additional carriers into the private flood insurance market.

Miller said at least five surplus lines carriers sold flood insurance to homeowners in Pennsylvania in 2015, and have written nearly 1,000 policies.