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Published in Business and Finance on Wednesday, June 27th 2012 at 7:15 GMT by Market WireBB&T adds flood insurance to its online offerings -- RALEIGH, N.C., June 27, 2012 /PRNewswire/ --
BB&T adds flood insurance to its online offerings
BB&T provides easy way for homeowners to protect themselves from property loss caused by flooding
RALEIGH, N.C., June 27, 2012 /PRNewswire/ -- BB&T Insurance Services today has added flood insurance to its suite of online products. It is the first insurance broker in the nation to offer and sell flood insurance online in real time.
Flooding is the No. 1 natural disaster in the United States, yet most homeowners do not have flood insurance protection for their homes and personal possessions. Experts say it takes only a few inches of water to cause thousands of dollars in damage. Protecting your home before the rainy season is a good idea for those in flood-risk areas.
"Fortunately, it's easy and inexpensive to protect your home and belongings from floodwater damage by purchasing flood insurance online," said Chief Insurance Marketing Officer Manager Randy Screen. "You can get a quote, make your purchase and be covered in approximately 30 days. We continue to offer choices to consumers for their insurance needs, whether they meet with us in person at one of our agencies, by phone, or through our website."
BB&T writes and services flood insurance coverage directly through The Hartford, a participating Write Your Own insurance company of the National Flood Insurance Program (NFIP). A policy normally takes 30 days from the date of purchase to go into effect. For more information, visit [ www.insurance.bbt.com ] or to speak to a BB&T flood insurance specialist at 800-228-6978.
BB&T also offers online auto, homeowners, renters, travel and pet insurance.
All personal insurance products at [ Insurance.BBT.com ] provide dedicated customer service numbers and are underwritten and serviced by insurance companies rated A (Excellent) or A- (Excellent) by A.M. Best.
About BB&T Insurance Services
Raleigh, N.C.-based BB&T Insurance Services, the sixth largest insurance broker in the U.S. and the seventh largest internationally, is a wholly owned subsidiary of BB&T Corporation. BB&T Insurance Services operates more than 100 insurance agencies in North Carolina, Virginia, Georgia, South Carolina, Maryland, West Virginia, Tennessee, Florida, Kentucky and California. It consistently earns Greenwich Excellence customer satisfaction awards for large corporate and middle-market insurance brokerage in the United States. Visit [ http://insurance.bbt.com ] to learn more.
About BB&T
BB&T Corporation (NYSE: [ BBT ]) is one of the largest financial services holding companies in the U.S. with $174.8 billion in assets and market capitalization of $21.9 billion, as of March 31, 2012. Based in Winston-Salem, N.C., the company operates approximately 1,800 financial centers and 2,400 ATMs in 12 states and Washington, D.C., and offers a full range of consumer and commercial banking, securities brokerage, asset management, mortgage and insurance products and services. A Fortune 500 company, BB&T is consistently recognized for outstanding client satisfaction by J.D. Power and Associates, the U.S. Small Business Administration, Greenwich Associates and others. More information about BB&T and its full line of products and services is available at [ www.BBT.com ].
SOURCE BB&T Corporation
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