WebbIncreased Cost of Compliance (ICC) coverage is one of several resources for flood insurance policyholders who need additional help rebuilding after a flood. It provides up … Webbför 5 timmar sedan · The rain water would have covered the entire state of Florida in 0.07 inches of water. ... Heavy rains in the past days produced flooding in the lower areas of the Miami-Dade and Broward counties.
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WebbIncreased Cost of Compliance coverage can help policyholders reduce the risk of damage from future flooding through mitigation. ICC is Coverage D in the SFIP. The maximum amount of ICC coverage a policyholder can obtain is currently $30,000. Typically, ICC applies to flood-damaged buildings in Special Flood Hazard Areas (SFHAs). WebbPrivate flood insurance also provides additional coverages like additional living expenses, replacement costs, and loss of use which really protects the way of life policyholder from the aftermath of flooding. herreshop
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