If you have experienced a disaster and have insurance, contact your insurance agent as soon as possible.
The National Flood Insurance Program (NFIP) is managed by the Federal Emergency Management Agency (FEMA) and is delivered to the public by a network of more than 50 insurance companies and the NFIP Direct.
Floods can happen anywhere - just one inch of floodwater can cause up to $25,000 in damage. Most homeowners' insurance does not cover flood damage. Flood insurance is a separate policy that can cover buildings, the contents in a building, or both, so it is important to protect your most important financial assets - your home, your business, your possessions.
The NFIP provides flood insurance to property owners, renters and businesses, and having this coverage helps them recover faster when floodwaters recede. The NFIP works with communities required to adopt and enforce floodplain management regulations that help mitigate flooding effects.
Flood insurance is available to anyone living in one of the almost 23,000 participating NFIP communities. Homes and businesses in high-risk flood areas with mortgages from government-backed lenders are required to have flood insurance.
The Insurance Division is comprised of seven sections tasked with protecting consumers and ensuring a viable insurance marketplace in the State. This Division regulates and licenses both individuals and corporations, assesses suspicions of fraud, and provides resources to compare various insurance providers for citizens of Tennessee.
For Post Disaster Recovery Resources please visit www.tn.gov/commerce/disasters
The U.S. Small Business Administration (SBA) helps Americans start, grow, and build resilient businesses.
SBA was created in 1953 as an independent agency of the federal government to aid, counsel, assist and protect the interests of small business concerns; preserve free competitive enterprise; and maintain and strengthen the overall economy of our nation. SBA reviews Congressional legislation and testifies on behalf of small businesses. It assesses the impact of regulatory burden on small businesses.
For more information visit the SBA website.
The Triple-I's purpose is to get information to the public to allow them to make educated decisions, manage risk, and appreciate the essential value of insurance. The Triple-I's sole focus is to create and disseminate information to empower customers. They provide objective, fact-based information about insurance - information that is rooted in economic and actuarial soundness.
For more information visit the Insurance Information Institute website.