Every property in America is in a flood zone, with some simply at greater risk than others. As the number one natural disaster in the United States, floods can be devastating for property owners and entire communities, causing more than $2 billion in property damage in our country every year. Just an inch of water can cause thousands of dollars in damage to a property and its contents, which is not covered by a typical property insurance policy.
The affordability of flood insurance may be surprising. For example, a homeowner in a low-to-moderate risk area eligible for a Preferred Risk Policy could see a flood insurance policy premium as low as $119 a year, including coverage for the property’s contents.
The flood insurance policies offered by State Auto are underwritten by the National Flood Insurance Program (NFIP) of the Federal Emergency Management Agency and administered by National Flood Services (NFS). NFS been serving as a third-party administrator for carriers like State Auto since 1985.
To locate a State Auto independent agent, use the “Find an Agent” feature on StateAuto.com.
- eGistics, Inc. has signed a multi-year contract with national claims and risk management provider Avizent to deliver a hosted platform for the archive and retrieval of workers’ compensation claims documents.
- Avizent expects the platform to further streamline its claims management process by utilizing this document storage and retrieval process, resulting in improved productivity, and increased customer satisfaction.
Avizent delivers claims management services to thousands of self-insured, insured and state-funded employers nationwide. Avizent provides an integrated model for claims and risk management that includes services from intake to settlement. The eGistics hosted platform will reportecdly help Avizent optimize its claims document collection processes by allowing for the electronic routing and management of documents throughout the organization.
eGistics will provide Avizent multi-channel document capture capabilities, including batch upload, scan-to-web, fax and e-mail input. Using the eGistics platform, Avizent will set up data-entry queues for primary indexing, escalation, and re-indexing; a “Key From Image” component will allow for the entry of document type specific data fields. Productivity reporting also will be provided. All documents will be stored long term and within statutory guidelines in the eGistics hosted archive, which leverages a mirrored architecture with failover.