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re: National Flood Insurance Program set to expire in 2 weeks
Posted on 7/20/18 at 2:18 pm to TheAstroTiger
Posted on 7/20/18 at 2:18 pm to TheAstroTiger
So it won't affect current homeowners with flood policies? Even when it comes time for renewal?
Posted on 7/20/18 at 2:37 pm to LSUsmartass
quote:
So it won't affect current homeowners with flood policies? Even when it comes time for renewal?
Renewals are sent out 60 days prior to renewal date and will continue being sent out as normal until the NFIP lapses. Once your renewal invoice is sent out, you can still renew even if your renewal date is after the lapse.
However once the NFIP lapses, renewal billing will stop until the program is reinstated. So the earliest renewals that would be affected would be renewal dates 60 days or more after the NFIP lapse date.
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