Virginia- National Flood Insurance Program Made Simple

Total Hrs / Order Price
1-5 $15.95
6-17 $24.95
18-24 $39.95
25-50 $49.95
51+ $49.95 + $2.00 per
additional hour over 50

Pricing based on total number of
hours in order.

Approved For:

  • Property and Casualty

Credit Hours
4

Course Type
Online

DOI Number
212085

Publisher
FastrackCE, LLC

State
Virginia

State
State CE Requirements

CE Course Description

This online CE course discusses flooding and the disastrous damage it can cause. It explores and describes the key elements of floods, flooding, and insuring against them through flood Insurance, in general, and the National Flood Insurance Program (NFIP) in specific.

large portion of this online CE course examines flooding in general – including specific cases of flooding and the damage caused. It is important for property insurance agents to be able to convey to homeowners that everyone is at risk for flood damage. Therefore, we make a significant effort to inform agents on flood misconceptions, how floods can happen anywhere, causes of flooding, and why homeowners cannot rely on disaster relief from the federal government.

In addition, flooding is the nation's #1 natural disaster. In just the past 10 years, annual flood losses in the United States averaged $11.0 billion per year. Currently nearly 5 million policyholders are protected with flood insurance policies; however many more homeowners remain at risk.

Flood damage, due to its catastrophic nature, is excluded in homeowners’ insurance policies. Many homeowners mistakenly believe they are covered for flood losses, when in fact they must purchase flood insurance through FEMA and the National Flood Insurance Program (NFIP) in order to have such coverage.

NFIP policies are sold by property insurance agents which means a producer must be up to date on the National Flood Insurance Program, its coverage, conditions and more. This is the purpose of the online continuing education course, NFIP – Basic Flood Insurance Course.

This concise study of floods and flood insurance provides students with interesting, informative, and applicable facts, figures, and real life examples of what Mother Nature dishes out. It also points out what people can and should do to deal and cope with the devastating consequences of floods. This CE course satisfies the state CE requirement for Floods-NFIP.

Required CE Hours for Renewal in Virginia

  • One License

    • 16 CE hours biennially, which must include 3 hours in Ethics.
  • Multiple Licenses

    • 24 CE hours biennially, which must include 3 hours in Ethics.

Special Training/Education Requirements (LTC, Flood, Ethics, others)

  • Long Term Care -LTC

    • Agents wishing to sell Long Term Care are required to take a one time only 8 hour Department of Insurance certified course
    • Each license term thereafter each agent must complete a 4 hour Long Term Care Partnership CE course that is approved by the department.
  • Flood Insurance Training

    • An insurance producer who sells flood insurance may satisfy the minimum training and education requirements by completing a 3-hour course related to the National Flood Insurance Program (NFIP).

How Hours are Reported

  • CE completions are submitted electronically the next business day after a passing completion is acquired.
  • Agents must pay any renewal or processing fees before credits will be applied to your license, to pay the processing fee you will need to go to Sircon.com, click on the Virginia continuance in the menu on the left side and follow the prompts.

License Term

  • License term is December 31st, every even numbered year.

Course Type approved for Continuing Education

  • Online courses
  • Independent Self-study
  • Classroom Study

Final Exam

  • Must be monitored by a disinterested third party who is not related to the test taker.
  • Final exam is closed book.
  • Must answer at least 70% of the questions correct to pass.

Carryover CE Hours

  • Hours may be carried over but have to be reported in the renewal period they were taken.
  • Extra Laws and Regulations can only be carried over as general CE hours and not Laws and Regulations

Repeating Courses

  • Courses may not be taken more than once in each renewal period.

Completion Certificates

  • Certificates of completion are available as soon as a course is completed with a passing grade. Certificates should be printed and kept on file.

CE Exemptions

  • Limited lines agents
  • Nonresident agents who are in good standing in their own state.
  • Agents resident and nonresident who are 65 or older and have held a license in good standing for the last twenty years.
  • Agents who have had their licenses for less than one year at end of the renewal period.

Additional Information

Third Party Contact: Sircon
Phone: 877-876-4430
Fax: 404-656-0874

Web Site:Sircon

CE Administrator

Pearson Vue
Phone: 877-234-6093
Email: InsuranceCE@pearson.com
Web Site:Pearson Vue

Virginia Bureau of Insurance

Virginia Bureau of Insurance
Phone: 800-552-7945 (Virginia Only)
Agents Licensing Phone: 804-371-9631
Email: bureauofinsurance@scc.virginia.gov

Mailing Address
Virginia Bureau of Insurance
Agent Licensing Section
P.O. Box 1157
Richmond, VA 23218
Web Site:Virginia Bureau of Insurance