Agency Transfer
Due to the manner in which NFIP policies are issued and managed, specific protocols must be followed when policies are being transferred between agencies or agents. Failure to understand and follow these protocols may cause unnecessary work and cost when managing your NFIP policies.
| Policy Assignment |
An agency transfer is different than transferring policies between policyholders, which is known as "policy assignment". The tables below compare Policy Assignment only for the purpose of differentiation.
|
| Agent of Record (AOR Changes) | |
| Current | Is It New or the Same? |
|---|---|
| Policy | Same |
| Carrier | Same |
| Agent | Same |
| Insured | Same |
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