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Aon
Proprietary & Confidential 2
Objectives
Company Overview
Benefits
EZ Flood
Comparison to the NFIP
Streamlined User Experience
Aon Edge Login
Underwriting
Quote
Purchase
Payment
Quote / Policy Search
Appendix
Contact Information
Aon
Proprietary & Confidential 3
Overview
Aon Edge, flood insurance that works for you!
Aon Edge is a division of Aon and is the leading provider of customizable private flood insurance,
dedicated to making flood insurance accessible to all insurance agents and property owners. Aon Edge
looks forward to offering Allstate agents superior policy administration, claims processing, customer
service and agency support for your property owners.
Beyond coverage, when you partner with Aon Edge Private Flood Insurance, you benefit from a
streamlined experience that includes:
✓ Easy online quoting in less than one minute with
as few as 12 underwriting questions
✓ No elevation certificate or photographs required
✓ Save your clients an average of 40% on
premiums vs. NFIP
✓ No waiting period when purchased during loan
closing; otherwise there is a 15-day waiting period
Aon
Proprietary & Confidential 4
Benefits
EZ Flood
Affordable coverage
for residential
properties
Coverage limits
available above limits
offered by the NFIP
Not subject to federal
fees and surcharges
Not exposed to
federal premium rate
increases
Opportunity to deliver
affordable flood
insurance to more
homeowners
Streamlined with as
few as 12 underwriting
questions
Aon
Proprietary & Confidential 5
EZ Flood & NFIP: Side-by-Side Comparison
EZ Flood (A & V) EZ Flood (B, C & X) NFIP
Maximum Building Limit $750,000 $300,000 $250,000
Maximum Personal
Property Limit$200,000 $100,000 $100,000
Coverage Amount OptionNo coverage combination
restrictions
No coverage combination
restrictions
Limited to 9 coverage
amount combinations
Claims Settlement
Replacement Cost Value
for principal residences and
Actual Cost Value for
secondary residences
Replacement Cost Value
for principal and secondary
residences
Replacement Cost Value
for principal residences and
Actual Cost Value for
secondary residences
Deductibles Options$1,000 / $1,250 / $2,000 /
$5,000 and $10,000
$1,250 / $2,000 / $5,000 SFHA: $1,000 - $10,000
PRP: $1,000 / $1,250
Ground Collapse Coverage Yes Yes No
Optional CoveragesAdditional Living Expenses
(ALE) and Swimming Pool
Cleanout
No No
Flood Insurance Coverage Comparisons
Aon
Proprietary & Confidential 6
EZ Flood
Complies with the newly adopted federal private flood insurance regulations
Offers supplemental coverage options in excess of the NFIP
Can save policyholders an average of 40% on premiums vs. NFIP
Does not represent continuous coverage for NFIP purposes
Does not preserve grandfathering of rates or flood zones
Does not preserve any federal subsidies that may currently apply
Aon
Proprietary & Confidential 7
Streamlined User Experience
Easy one-step
log-in process
Agent dashboard
provides access to
quote and policy
information
Agency self-service
capabilitiesDocuSign capabilities
Aon
Proprietary & Confidential 8
Aon Edge Login
Login to the Aon Edge quoting platform.
Enter the username and password provided.
Aon
Proprietary & Confidential
Aon
Proprietary & Confidential 9
EZ Flood
Select “New Quote”.
Enter the property address and zip code.
Click “Verify” to determine if property is
eligible for coverage.
− If property is eligible the underwriting
page will appear next.
− If property is not eligible a message will
appear - “We don’t yet offer coverage
for this address”
Aon
Proprietary & Confidential 10
Underwriting
The first step in the EZ Flood quoting
process is the “Underwriting Information”
page.
This captures information specific to the
applicant and property, such as building
and contents replacement cost amounts
and mortgagee information.
Once the required fields have been
completed, EZ Flood eligibility is
determined.
If eligible, you may then progress to the
“Quote” page by clicking “Next-Quote”.
Aon
Proprietary & Confidential 11
Quote
First, identify whether the insurance is required to support a loan closing transaction, then enter the desired
effective date.
Next, enter the requested coverage amounts for both the building and the contents.
Select a deductible amount.
Click the “Calculate” button to see the total premium, including all applicable taxes and fees.
EZ Flood®
Aon
Proprietary & Confidential 12
Quote
Click “View/Print” to see a quote that can be shared with customers.
Click “Purchase” to complete the transaction.
Note: Once “Purchase” is selected, the quote is confirmed and may not be altered.
Aon
Proprietary & Confidential 13
Purchase
Choose the method for signing the application and other required forms.
Once completed, click “Next” to pay.
Save & Exit Next
Aon
Proprietary & Confidential 14
Payment
EZ Flood provides three payment options:
1. Credit card
2. Electronic check
3. Insured’s check
(i.e. Paper Check)
Select the preferred payment option.
Enter the required information.
Click “Apply Payment” to complete
the transaction.
Aon
Proprietary & Confidential 15
Confirmation
Once payment is confirmed the policy number will appear.
The application will be sent to the Aon Edge Customer Service team for issuance.
Policy documents will then be generated and sent to all interested parties.
Aon
Proprietary & Confidential 16
Quote / Policy Search
Step 1: Select Policies
Step 2: Select Quote / Policy Search
Step 3: Select Search Types
Step 4: Enter Search Criteria
Step 5: Click Search
Tip: You can use the quick search
dropdown menu located at the top
right hand side of the dashboard to
view the last 10 quotes / policies.
Aon
Proprietary & Confidential 17
Claims
Easy one-step
log-in process
Agent dashboard
provides access to
quote and policy
information
Agency self-service
capabilities
The policyholder should promptly contact our claims service center directly.
Alternatively, as an agent, you may submit the claim on behalf of your policyholder.
Initial steps
What information is needed to report a claim
Declaration page of the flood policy.
The date water entered the property and approximate water level.
Name of the mortgage lender, if any.
Current personal contact information for the policyholder. If a home phone is unavailable,
a mobile phone number or agent/friend/family member’s phone number will suffice.
What information is needed to report a claim
For initial claims reporting call: 1-844-640-2522
To check the status of a claim, call: 1-866-641-7922 or email: [email protected].
Additional claims information
For more information about claims, please visit: aonedge.com/claims.
Aon
Proprietary & Confidential 18
Appendix
Private Flood Insurancea game changer for agents and homeowners
Aon
Proprietary & Confidential 19
Items of Note
EZ Flood (A & V)
Satisfies the federal rule effective July 1, 2019, requiring federally regulated lenders accept private
flood insurance that meet the Biggert-Waters Flood Insurance Act of 2012 definition of private flood
insurance
Coverage limits exceed those offered by the NFIP.
▪ Up to $750,000 building
▪ Up to $200,000 contents
Obtain a quote in less than one minute.
No elevation certificate or photographs required.
Not subject to federal surcharges or reserve fund assessments.
No waiting period if purchased at the time of a loan closing transaction.
Coverage is available in A and V flood zones with certain geographic limitations.
60 days prior to policy expiration, qualified EZ Flood policyholders will automatically receive a renewal
offering.
Aon
Proprietary & Confidential 20
Items of Note
EZ Flood (B, C & X)
Designed for residential properties in lower-risk, non-mandatory flood zones.
Coverage limits exceed those offered by the NFIP PRP.
▪ Up to $300,000 building
▪ Up to $100,000 contents
Properties valued up to $1,000,000 of replacement cost are eligible.
Any coverage amount up to the program limits is available.
Catastrophic Ground Collapse Coverage (not available in Florida).
▪ Causes structural damage to the property resulting in the condemnation or an order requiring the
property to be vacated.
60 days prior to policy expiration, qualified EZ Flood policyholders will automatically receive a renewal
offering.
Aon Affinity
Proprietary & Confidential 21
Customer Service
1-888-281-0684
Website
aonedge.com
Claims
1-844-640-2522
Quoting and Policy Management
EZ Flood
Contracting