Description

Understanding Flood Insurance
Topic “F” | 1.5 Hours
Elective Credit for License Renewal.
Required for CALS Certification

Flooding is one of the most significant risks facing coastal properties, making flood insurance knowledge essential for today’s real estate professionals. This course provides a practical overview of flood insurance, helping REALTORS® understand coverage options, flood zone classifications, insurance pricing, and underwriting considerations that can impact real estate transactions. Participants will learn how to interpret flood zone determinations, understand the role of elevation certificates, and evaluate flood-related risks associated with different property locations.

The course also examines the National Flood Insurance Program (NFIP), private flood insurance alternatives, coverage comparisons, rating methodologies, and factors that influence premiums. Through real-world examples and discussion, attendees will gain the confidence to better guide clients through flood insurance questions and concerns during the buying and selling process.

As a required course for the Coastal Area Local Specialist Certification, this class equips real estate professionals with critical knowledge needed to serve clients in coastal and flood-prone markets.

Topics Covered:

• Fundamentals of flood insurance and covered flood events
• History and evolution of flood insurance programs
• Understanding FEMA flood zones and flood risk assessment
• Flood zone determinations and elevation certificates
• NFIP coverage options, ratings, and participation requirements
• Private flood insurance programs and coverage comparisons
• Premium pricing factors and underwriting considerations
• Impact of flood history, elevation, and risk on insurability

Instructor: Melissa Geeslin

Cancellation Policy: Cancellation requests must be submitted to Coastal Association of REALTORS® in writing via email to info@coastalrealtors.org at least twelve (12) hours prior to the scheduled class start time.

Registrants who do not attend a complimentary class and fail to provide the required advance written notice will be considered a no-show and will be invoiced for the standard tuition fee associated with the class.

CAR may cancel courses due to low registration up to two days prior to the date of the class. In the event that CAR must cancel a course, all those who paid for registration will be issued a refund.