INSURANCE CARRIER
Selective Flood Insurance
Selective Insurance writes personal and commercial lines exclusively through independent agents, with a particular focus on private flood coverage as an admitted market.
Personal Lines
- File a claim 866-455-9969 · 24/7 phone and online
- Online Account & claims portal
- After hoursFile online or call 1-866-455-9969 anytime.
Coverage Focus
What this carrier writes
Overview
About This Carrier
Selective Insurance writes personal and commercial lines exclusively through independent agents, with a particular focus on private flood coverage as an admitted market. Their private flood policies carry dwelling limits above NFIP 's $250,000 cap and contents limits above NFIP's $100,000 cap, which matters for homeowners whose replacement cost or personal property value exceeds federal program ceilings. Selective's underwriting is more flexible than NFIP's, and the bind process runs faster, a practical advantage for buyers under a lender's mandatory flood requirement who need coverage in place quickly. They write primary private flood insurance, excess flood over an existing NFIP policy, and commercial flood, giving agents options across the full spectrum of flood exposure.
Strengths
What This Carrier Does Well
Higher dwelling and contents limits than NFIP's $250K/$100K caps
More flexible underwriting than NFIP, faster bind process
Claims process typically faster than NFIP bureaucratic timeline
Limitations to Know
Where They Fall Short
Pricing not subsidized like NFIP; may be more expensive for true high-risk properties
Single-product carrier for most retail clients; no home or auto option
Flood-only specialist for most retail placements; not a primary homeowners or auto option, so clients need a separate carrier for the rest of their personal lines coverage.
Right Fit
Who They Are Best For
Best Fit For
Private flood coverage, as an alternative to or alongside the federal NFIP.
Not a Good Fit For
Non-standard risks, older properties, high-value estates, or commercial accounts. Selective focuses on the preferred personal and small commercial standard market.
Appetite & Coverage
What They Write
- Line of Business
- Personal Lines
- Coverage Types
- Private flood insurance (primary and excess over NFIP), commercial flood
- Carrier's Licensed States
- Most US states, for flood
- Personal Lines States
- Most US states
Pricing & Claims
What to Expect
Best Pricing For
Selective is competitive for preferred homeowners with newer roofs, bundled home and auto, and clean claims history in suburban markets. Pricing is strong for the standard preferred segment.
Pricing Context
Often competitive with NFIP for preferred-risk properties. Can be more expensive than NFIP for high-risk coastal properties where federal subsidies apply. We compare both.
Claims Experience
Established commercial and flood insurance claims infrastructure. Private flood claims often process faster than NFIP due to less bureaucratic process. Admitted Status: Licensed and regulated by the state insurance department in each state where it writes. Policies are backed by state guaranty fund protections up to applicable limits. Olive Cover, the brand of Olive Insurance Services, LLC, is your independent insurance agent. We help you file your claim and advocate on your behalf. Coverage decisions on any claim are made by your insurance carrier under the terms of your policy. Verify this carrier's license with your state insurance department
Admitted Status: Licensed and regulated by the state insurance department in each state where it writes. Policies are backed by state guaranty fund protections up to applicable limits.
Olive Cover, the brand of Olive Insurance Services, LLC, is your independent insurance agent. We help you file your claim and advocate on your behalf. Coverage decisions on any claim are made by your insurance carrier under the terms of your policy.
Quick Facts