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NATIONAL FLOOD INSURANCE PROGRAM
Bureau and Statistical Agent
W02081MEMORANDUM TO:Write Your Own (WYO) Principal Coordinators and
FIP Servicing AgentFROM:WYO ClearinghouseDATE:November 18, 2002SUBJECT:FIP
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What is write your own wyo?
Write Your Own (WYO) refers to a program that allows private insurance companies to sell flood insurance policies using their own forms.
Who is required to file write your own wyo?
Insurance companies participating in the WYO program are required to file their own policies with the Federal Emergency Management Agency (FEMA).
How to fill out write your own wyo?
To fill out a WYO policy, insurers need to complete the application form provided by FEMA, ensuring all required information is accurately entered.
What is the purpose of write your own wyo?
The purpose of WYO is to expand the availability of flood insurance by allowing private insurers to issue policies while still participating in the National Flood Insurance Program (NFIP).
What information must be reported on write your own wyo?
Insurers must report policy details including the insured property address, coverage amounts, premium amounts, and any endorsements or exclusions.
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