Anyone who owns a home understands the potential for unexpected damage. Flooding is one of the most devastating and costly perils—and standard homeowners and NFIP (National Flood Insurance Program) policies often don’t provide enough protection. MacNeill Group Inc., with more than 30 years of flood insurance expertise, offers a proven Excess Flood Insurance program that helps agents and brokers deliver broader, market-backed coverage options to their clients.
Overview of the Excess Flood Insurance Program
MacNeill Group Inc. distributes a non-admitted Excess Flood Insurance solution for residential clients in Florida who carry an NFIP policy. The program is designed to extend flood protection beyond NFIP limits—$250,000 for dwelling and $100,000 for personal property—so your clients can meet lender requirements or protect high-value homes and contents that exceed standard NFIP caps.
The program is built around efficient underwriting, competitive, market-driven pricing, and fast service for rollovers and new placements. Whether you’re consolidating existing flood accounts or growing your book of high-value residential flood business, MacNeill’s flood team provides responsive support and direct market access.
Ideal Accounts and Appetite
This Excess Flood Insurance program fits well for:
- Owner-occupied residential properties in Florida with an active NFIP policy
- High-value homes where NFIP limits do not fully cover reconstruction cost or replacement value
- Clients seeking additional contents/personal property limits above the NFIP $100,000 cap
Example: You may have a homeowner in a coastal Florida community whose dwelling value is $750,000. Their NFIP policy covers only a portion of that value—this Excess Flood Insurance can help fill the gap and reduce the lender or client exposure.
Coverage Highlights and Advantages
- Excess limits that sit above NFIP caps (dwelling limits beyond $250,000 and contents beyond $100,000)
- Available only as excess to an in-force NFIP policy
- Policy terms and exclusions generally mirror the NFIP wording for consistency
- Competitive, market-driven rates focused on the Florida residential flood market
- Ability to bundle multiple accounts and reduce E&O risk through consistent placement practices
Underwriting Notes and Restrictions
To preserve underwriting integrity, the following risks are not eligible for placement under our Wright Flood excess program:
- Vacant or unoccupied homes
- Properties located within 1,000 feet of open water
- Homes with two or more flood losses in the past 10 years
- Any prior flood loss exceeding $150,000
If a risk does not meet these guidelines, MacNeill Group’s flood department will review the submission and may be able to secure alternate terms through other markets.
Territories and Availability
This Excess Flood Insurance program is currently available only in Florida and is written on a non-admitted basis.
Why Work With MacNeill Group Inc.
As a Managing General Agency with a long-standing presence in Florida’s flood market, MacNeill Group Inc. combines deep product knowledge, consistent underwriting, and practical placement experience. Our strengths include:
- Specialized flood expertise and long track record in the Florida market
- Strong relationships with flood markets for excess placement
- Responsive underwriting and placement support for rollovers and new business
- Practical guidance to help agents meet lender requirements and client expectations
If you’re looking to expand your flood offerings or need excess limits for high-value residential properties, MacNeill Group’s Excess Flood Insurance program provides a flexible, reliable option.
Frequently Asked Questions
What types of accounts are a good fit for this Excess Flood Insurance program?
Owner-occupied residential properties in Florida that already carry NFIP flood coverage and need higher limits are ideal candidates.
Can I submit properties located near water?
No, properties located within 1,000 feet of open water are not eligible under this program. If the property falls into that zone, our flood team can review the file and may refer you to alternate markets.
Is this program available outside of Florida?
Currently, this Excess Flood Insurance program is only available for properties located in Florida.
What happens if my client doesn’t qualify with Wright Flood?
If the risk does not meet Wright Flood’s guidelines, MacNeill Group will explore placement through other partner markets and advise on possible options.
Do contents and personal property have excess coverage options?
Yes. This program allows for additional limits for contents/personal property beyond the NFIP standard $100,000 cap when excess coverage is written.
Need help placing an account? Connect with a market specialist.