Flood Coverage Comparison

Coverage National Flood Insurance Program AIG Private Client Group Homeowners Industry Standard How We
Detail (NFIP) Policy with Flood Coverage Homeowners Policies Compare

Definition of A general and temporary condition of partial or A general and temporary condition of partial or N/A AIG Private Client
“Flood” complete inundation of two or more acres of nor- complete inundation of normally dry land area Group broader
mally dry land area or of two or more properties from: a. Overflow of inland or tidal waters;
(at least one of which is your property) from: b. Unusual and rapid accumulation or runoff of
a. Overflow of inland or tidal waters; b. Unusual surface waters from any source; c. Mudflow
and rapid accumulation or runoff of surface
waters from any source; c. Mudflow
Flood Zone All zones B, C, X only N/A AIG Private Client Group
Eligibility coverage provided in
NFIP low/moderate
hazard zones
Loss Settlement Replacement Cost Coverage provided only on Replacement Cost Coverage N/A AIG Private Client
Primary Residence; ACV on Seasonal/ Group broader
Secondary
Coverage A Up to $250,000 Up to $250,000 N/A Equal to NFIP
Dwelling
Coverage B Limited to detached garages only and payment Covered within the $250,000 Coverage A limit N/A AIG Private Client
Other Permanent limited to 10% of the Coverage A amount Group broader
Structures
Coverage C Up to $100,000 Up to $100,000 N/A Equal to NFIP
Contents
Basement Excludes basement improvement (walls, floor, $25,000 for basement improvements (walls, N/A AIG Private Client
Property ceilings and fixtures); coverage limited primarily floor, ceilings and fixtures); coverage not limited Group broader
Coverage to plumbing, electrical wiring, drywall and typical to specific items
Limitations basement utilities, such as air conditioners,
furnaces and hot water heaters
Basement Excluded with the exception of certain appliances, Up to $10,000 N/A AIG Private Client
Contents Coverage such as washers, dryers and refrigerators Group broader
Limitations
Special Limits NFIP will pay no more than $2,500 for any one Same as NFIP, but limit on personal property N/A AIG Private Client
loss to one or more of the following kinds of used in business is $10,000 Group broader
personal property: artwork, collectibles, rare
books, jewelry, furs or personal property used in
any business
Additional Living Not covered Up to $5,000 for extra living expenses, loss of N/A AIG Private Client
Expenses fair rental value and forced evacuation Group broader
Ordinance or Law Not covered Up to $25,000 for the extra expense to obey N/A AIG Private Client
any law or ordinance that regulates the repair, Group broader
rebuilding or demolition of property damaged
by flood
Land (Stabilization, Not covered Up to 10% of the amount of the covered N/A AIG Private Client
Evacuation or dwelling loss Group broader
Replacement)
Precautionary Up to $1,000 No sub-limit N/A AIG Private Client
Repairs Group broader
Debris Removal No sub-limit No sub-limit N/A Equal to NFIP
Property Removal Up to $1,000 No sub-limit N/A AIG Private Client
for Safekeeping Group broader
Data Replacement Not covered Up to $5,000 N/A AIG Private Client
Group broader
Fire Department Not covered No sub-limit N/A AIG Private Client
Charges Group broader
Property of Optional No sub-limit N/A AIG Private Client
Domestic Staff Group broader
and Guests
Loss Avoidance $1,000 $1,000 N/A Equal to NFIP
Measures

AIG Private Client Group is a division of the property and casualty insurance subsidiaries of American International Group, Inc. (AIG). Insurance underwritten by member companies of AIG. Coverage is subject to limitations and
exclusions; review the policy for a complete description of coverage provided. Coverage may not be available in all states.

84884 AMS 1.5M 11/04