Private Market Flood™ on Pace to Capture 1% of all FEMA Subsidized Flood Policies by Year End

Gainesville, FL (PRWEB) May 14, 2015

Evan Hecht, CEO of The Flood Insurance Agency, announced today that their Private Market Flood™ program now insures more than $1 Billion of property value. Now operating in 34 States, the agency issues one flood policy every six or seven minutes. "That is a testimony to the public acceptance of our program as an alternative to FEMA flood insurance," said Hecht.

Even more impressive, the Private Market Flood program, and their over 2200 appointed independent agents, are on pace to capture more than 1% of all FEMA subsidized policies before the year end.

ABOUT THE FLOOD INSURANCE AGENCY
The Flood Insurance Agency, located in Gainesville, FL, markets FEMA flood insurance in all 50 States and markets Private Market Flood, a simple alternative to FEMA, in 34 States. Flood insurance policies are marketed direct to consumers utilizing the agency's two websites and through over 2200 appointed independent insurance agencies. Private Market Flood is currently underwritten by Certain Underwriters at Lloyd's of London and has identical coverage as FEMA's policy, requires no elevation certificates, is accepted by every major mortgage lender, and utilizes the same claims adjusters as FEMA. Visit http://www.privatemarketflood.com and/or http://www.thefloodinsuranceagency.com for more information.

Read the full story at http://www.prweb.com/releases/2015/05/prweb12722887.htm