Flood Insurance – Determining the Proper Amount of Insurance

Tennessee Bankers Association Compliance Conference



Thursday, August 10, 2023
10:30 AM-11:30 AM CST

Embassy Suites by Hilton Cool Springs

Franklin, TN

Compliance professionals are familiar with the “Lesser of Three” calculation in determining the minimum amount of flood insurance for compliance purposes. Though seemingly straightforward, this calculation can be challenging, particularly in determining the “insurable value of the property.” This session will include a discussion of insurable value, analysis of the applicable regulations and guidance from regulators, and practical examples of how to determine the proper amount of flood insurance.

For more information, view the agenda