Flood Program Shut Down: What To Do Now?
The National Flood Insurance Program (NFIP) expired Sunday March 28th, 2010. Congress adjourned until April 12 after failing to agree on an unemployment benefits bill that included a provision with an extension of the National Flood Insurance Program.
| Senator Tom Coburn blocked the Senate from voting on the bill to extend the jobless benefits arguing that to do so would add to the federal deficit.
What Does This Mean? While no new policies can be issued during a lapse in NFIP authorization, consumers with current flood insurance policies remain covered. Claims payments are not effected.
Click the link below for guidance on the hiatus from the NFIP:
|
Posted in Uncategorized