Neptune Flood launches in Arkansas, Idaho & Illinois
Online flood insurance company Neptune Flood announced that it has opened for business in Arkansas, Idaho and Illinois. The 6.7 million households in these three states now have access to Neptune’s simple flood insurance solution. Neptune is now offered in 42 states.
Neptune launched its operation in these states in anticipation of the spring flooding season so that homeowners can properly prepare. Neptune’s patent-pending TRITON technology allows for a two-minute process for buying flood insurance with no elevation certificate required. Its advanced modeling and analytics allow it to price appropriately for risk even in the most complex environments.
Homeowners in a high-risk flood zone, A or V, and who have a mortgage are required to have flood insurance.
- Throughout the United States, 25% of all flood claims were located outside of “high risk” A and V zones meaning X zones are also at risk
- River and lake flooding, along with flash floods from rain, are material risks not covered by homeowner’s insurance
“We are expanding across the country to bring Neptune’s easy to use technology to the normally complex flood insurance market,” said Trevor Burgess, President and CEO of Neptune Flood. “We’re proud to be able to offer homeowners the protection they require that far surpasses what is offered by the traditional NFIP.”
Neptune’s flood insurance policies are sold by agents and directly online at neptuneflood.com.
