Agency Transfer
Due to the manner in which NFIP policies are issued, specific protocols must be followed when policies are being transferred between agencies or agents.
This is different than transferring policies between policyholders, also known as "policy assignment".
| Building Coverage |
A tenant can purchase building coverage, but the building owner's name must be included as a named insured.
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Coverage for contents owned by the lessor must be written on a separate policy in the name of the lessor only. Lessors may not purchase building coverage if the owner or another party has purchased NFIP coverage on the same building.