Lex FloodReady Protection Combines Market Leading Private Flood Insurance Solution with Flood Resistant Construction Options.
Lexington Insurance has partnered with The Flood Insurance Agency (TFIA) to develop a new and innovative policy endorsement called Lex FloodReady. This endorsement is written on our Lex Private Market Flood policies and designed to enhance policyholder's flood resiliency through a novel loss settlement program. Lexington Private Market Flood clients can now avail themselves of state-of-the-art insurance coverage that will support their efforts to rebuild to the highest resilience standards available if a flood event occurs.
The increased cost to replace damaged drywall and paneling is limited to no more than an additional $5.00 per square foot than would otherwise be required to replace the drywall and a paneling with the same material as has been damaged.
For more information about Lex FloodReady protection, please contact Evan Hecht, CEO, The Flood Insurance Agency, at 877-356-6348 or firstname.lastname@example.org.
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