Neptune raises flood insurance building coverage limit to $15 million

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Neptune Raises Building Coverage Limits to $15 Million and Expands Flood Insurance Coverage Options

June 25, 2026 4:10 PM EDT

ST. PETERSBURG, Fla.--(BUSINESS WIRE)-- Neptune Insurance Holdings, Inc. (NYSE: NP), the nation's largest private flood insurance provider, today announced a major expansion of its flood insurance product line. Neptune has increased building coverage limits to $15 million across all primary and excess flood policies while introducing new and enhanced coverages for residential, commercial, and residential condominium building association (RCBAP) policyholders.

The expanded offerings are now available through Neptune's nationwide network of more than 45,000 insurance agents and at... More