Neptune Flood, a supplier of personal flood insurance coverage throughout the US, has expanded into Kentucky, making residential, business, and RCBAP flood merchandise out there within the state.

In consequence, the corporate is now out there throughout 49 states, in addition to Washington, D.C. 

Trevor Burgess, Neptune’s President & CEO, commented on the growth: “We couldn’t be extra excited to make protection out there in Kentucky. Neptune is now out there within the contiguous United States and Hawaii, with apologies to Alaska, letting brokers and prospects defend property in opposition to flood threat.

“With lower than 1% of properties in Kentucky having a present NFIP flood coverage (simply 18,000 properties), our growth into the state couldn’t come sooner.”

Jean-Luc Eckstein, Neptune’s Chief Buyer Officer, mentioned: “In response to Threat Issue by First Road Basis, over 300,000 properties in Kentucky have a better than 25% likelihood of flooding within the subsequent 30 years. That’s tons of of hundreds of properties left unprotected that can profit from Neptune.

“Our crew is able to onboard Kentucky brokers and get prospects the protection they want.”

In October, it was reported that Neptune Flood had crossed $200 million of premium in drive, bringing the corporate to over 5% of the Nationwide Flood Insurance coverage Program’s measurement, securing its position as the first various to the NFIP.