Home »

Parish Severe Repetitive Loss Programs

Definition: The definition of severe repetitive loss as applied to this program was established in section 1361A of the National Flood Insurance Act, as amended (NFIA), 42 U.S.C. 4102a. An SRL property is defined as a residential property that is covered under an NFIP flood insurance policy and:

(a)
That has at least four NFIP claim payments (including building and contents) over $5,000 each, and the cumulative amount of such claims payments exceeds $20,000; or

(b)
For which at least two separate claims payments (building payments only) have been made with the cumulative amount of the building portion of such claims exceeding the market value of the building.

Call us - 504-305-5858 if you've been contacted by your parish or if you meet these requirements.

Click Here
Chat Now Live!

Request Call Back

  

-305-5858
18 West 24th Street
Kenner, LA 70062