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Message
re: La Flood Recovery Funds - RESTORE
Posted on 4/3/17 at 3:38 pm to LSUFanHouston
Posted on 4/3/17 at 3:38 pm to LSUFanHouston
quote:Again, it's not a "requirement" unless you want FEMA aid again for the same type of disaster.
FEMA does have the flood insurance purchase requirement after a FEMA payout, but only if you are in a flood plain. (anything but X)
quote:
Even without the NFIRA requirement, it is a wise decision to purchase flood insurance. But, because Federal law mandates the purchase of flood insurance as a condition of disaster funding, an applicant who does not comply with the NFIRA flood insurance obligation may become ineligible for future disaster assistance. It’s that important.
This post was edited on 4/3/17 at 3:40 pm
1
Posted on 4/3/17 at 3:43 pm to ell_13
quote:
Again, it's not a "requirement" unless you want FEMA aid again for the same type of disaster.
This is true... but that's a pretty intense gamble.
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