Agency Transfer: Difference between revisions

Revision as of 13:30, 25 February 2025

Due to the manner in which NFIP policies are issued and managed, specific protocols must be followed when policies are being transferred between agencies or agents. Failure to understand and follow these protocols may cause unnecessary work and cost when managing your NFIP policies.

Policy Assignment

An agency transfer is different than transferring policies between policyholders, which is known as "policy assignment". The tables below compare Policy Assignment only for the purpose of differentiation.

Current	Is It New or the Same?
Agent of Record (AOR Changes)
Policy	Same
Carrier	Same
Agent	Same
Insured	Same

This page contains information about the NFIP. Find more NFIP Resources.

@@ Line 1: / Line 1: @@
-Due to the manner in which [[NFIP]] policies are issued, specific protocols must be followed when policies are being transferred between agencies or agents.
+Due to the manner in which [[NFIP]] policies are issued and managed, specific protocols must be followed when policies are being transferred between '''agencies''' or '''agents'''. Failure to understand and follow these protocols may cause unnecessary work and cost when managing your NFIP policies.
-This is different than transferring policies between policyholders, also known as "[[NFIP Policy Assignment|policy assignment]]".
 {{box-summ
-| title = Important title
+| title = Policy Assignment
-| text = text that accompanies the important title
+| text = An agency transfer is different than transferring policies between policyholders, which is known as "[[NFIP Policy Assignment|policy assignment]]". The tables below compare Policy Assignment only for the purpose of differentiation.
 | color = orange
 }}
-{{lorem}}
+{| class="wikitable"
+|- colspan=2
+| Agent of Record (AOR Changes)
+|-
+! Current
+! Is It New or the Same?
+|-
+| Policy
+| Same
+|-
+| Carrier
+| Same
+|-
+| Agent
+| Same
+|-
+| Insured
+| Same
+|}
 {{nfip}}