Flood Insurance

Guaranteed Rate Insurance Adds Flood Solution

Posted on by TMN Editor
Guaranteed Rate Insurance has developed a solution for homebuyers in high-flood risk areas, the company announced in a press release. Its new private flood insurance API connection allows agents to provide flood quotes in all zones from multiple providers, directly through its CRM platform. Agents need only confirm property details and coverages/deductibles, with the binding process taking just minutes, company leaders said. Flood quotes will be presented alongside homeowners quotes for properties in 48 states and Washington, D.C. “Any agent who does not provide a flood quote is doing a disservice to their customer. Our top priority is to equip our agents with the necessary tools to offer their customers a wide range of coverage options, empowering them to make…

Americans Factoring Climate Fears Into Homebuying Decisions

Posted on by TMN Editor
As floods, fires, and devastation become commonplace in areas with high climate impact, more Americans than ever are factoring disasters into their homebuying decisions. A majority of buyers in every region of the U.S. consider at least one climate risk when home shopping, according to a new report from Zillow. Americans living in the West are the most likely to say climate fears are “very or extremely” impactful on their purchase decisions, with Northeastern buyers in second place. Southern and Midwestern shoppers are less concerned, though two-thirds report that disaster risk affects their searches at least somewhat. Millennial and Gen Z buyers are the most likely to worry about global warming’s impact on their new homes. They also make up…