44 CFR § 62.3 - Servicing agent.

---
identifier: "/us/cfr/t44/s62.3"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "44 CFR § 62.3 - Servicing agent."
title_number: 44
title_name: "Emergency Management and Assistance"
section_number: "62.3"
section_name: "Servicing agent."
chapter_name: "FEDERAL EMERGENCY MANAGEMENT AGENCY, DEPARTMENT OF HOMELAND SECURITY"
subchapter_number: "B"
subchapter_name: "INSURANCE AND HAZARD MITIGATION"
part_number: "62"
part_name: "SALE OF INSURANCE AND ADJUSTMENT OF CLAIMS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "42 U.S.C. 4001  6 U.S.C. 101"
regulatory_source: "43 FR 2573, Jan. 17, 1978, unless otherwise noted. Redesignated at 44 FR 31177, May 31, 1979."
cfr_part: "62"
---


# 62.3 Servicing agent.

(a) Pursuant to sections 1345 and 1346 of the Act, the Federal Insurance Administrator may enter into an agreement with a servicing agent to authorize it to assist in issuing flood insurance policies under the Program in communities designated by the Federal Insurance Administrator and to accept responsibility for delivery of policies and payment of claims for losses as prescribed by and at the discretion of the Federal Insurance Administrator.

(b) The servicing agent will arrange for the issuance of flood insurance to any person qualifying for such coverage under parts 61 and 64 of this subchapter who submits an application to the servicing agent in accordance with the terms and conditions of the contract between the Agency and the servicing agent.

[85 FR 43985, July 20, 2020]