Agency Transfer

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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.
Policy Assignment Policy Transfer
Current Is It New or the Same?
Policy Same Policy New
Carrier Same Carrier New
Agent Same Agent New
Insured New Insured Same

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