Overview of the Program From Advanced E&S Group
Advanced E&S Group – Southeast Region offers a robust Excess Flood Insurance program designed for agents and brokers seeking higher flood limits for residential and commercial clients. This non-admitted program provides flexible capacity and targeted underwriting to handle accounts that exceed the limitations of NFIP coverage.
Ideal Accounts and Appetite
This program is ideal for residential dwellings (1–4 family), apartment buildings, commercial properties, and residential or high-rise condominiums with building-only coverage needs. Whether your client owns a mixed-use retail property or a coastal apartment complex, this program can offer the additional flood protection required.
Example accounts that may be a good fit include:
- A luxury beachfront condo association needing coverage above NFIP limits
- A commercial office building in a designated flood zone requiring business interruption protection
Coverage Highlights and Advantages
- Limits up to $15 million per property or $20 million per residential building (condos)
- Coverage available for building, contents, and loss of income (when bound with building)
- Flexible underwriting and possible higher limits upon request
- Competitive pricing with minimum premiums starting at $500 residential and $1,000 commercial
Underwriting Notes and Minimum Premiums
All risks must carry the appropriate underlying NFIP coverage. The minimum and earned premium is the greater of 25% of the gross premium or $500 for residential and $1,000 for commercial properties. Submissions should include the underlying NFIP declarations page when available for faster processing.
Contents and business income coverage are available only when bound with building coverage. Risks with negative elevation, properties over water, or specific excluded geographies are not eligible.
Territories and Availability
Advanced E&S Group’s Excess Flood Insurance program is available in most states, including but not limited to FL, TX, CA, NY, NC, SC, and GA. The program operates on a non-admitted basis through various carrier partners. Please note that coverage is not available for properties in Fire Island, NY; Chesterfield, MO; the Florida Keys; or Padre Island, TX.
Why Work With Advanced E&S Group?
As a Managing General Agency, Advanced E&S Group provides agents with responsive service, market access, and underwriting expertise in flood and catastrophe-prone property classes. With a broad appetite and flexible capacity, they are a strong partner for placing excess flood risks that go beyond NFIP limits. Their Southeast Region team offers dedicated support to help you find solutions for challenging accounts.
Frequently Asked Questions
What types of accounts are a good fit for this Excess Flood Insurance program?
Ideal accounts include residential dwellings (1–4 family), apartment complexes, commercial buildings, and high-rise condominiums that need flood coverage above NFIP limits.
Is contents or loss of income coverage available without building coverage?
No. Contents and loss of income coverage can only be written in conjunction with building coverage.
Are there any specific property exclusions I should be aware of?
Yes. Properties on Fire Island, NY; Chesterfield, MO; the Florida Keys; and Padre Island, TX are excluded, along with structures built on stilts over water, those with negative elevation, and certain contents like foodstuffs or medical equipment.
What is the minimum premium for this program?
The minimum and earned premium is the greater of 25% of the gross premium or $500 for residential and $1,000 for commercial accounts.
Which states is this program available in?
This program is available in most states across the U.S., including FL, TX, CA, NY, GA, and others. Contact Advanced E&S Group for specific state availability.
Need help placing an account? Connect with a market specialist.