The state of the National Flood Insurance Program (NFIP) has been a hot topic lately. For those of you who don’t know, this has been the second time this year that the NFIP expired. This means that until Congress reauthorized the program, renewals, endorsements and issuance of flood policies were put on hold, leaving many without adequate coverage and at risk of extensive losses. However, according to a recent article on InsuranceJournal.com, “the NFIP has been reauthorized until the end of May…retroactively effective to Feb. 28″. The article also noted that “Since the extension is retroactive, any new policy applications or renewals that were signed and submitted during the hiatus will be effective from the date of application…”.
At Encharter Insurance , we know that simply wrapping your mind around the conditions of your insurance policy is complicated enough without having to keep track of the government regulations that affect it. If you have any questions about the NFIP, your flood insurance policy, or how the updates from Washington might be affecting either, please talk to your Encharter agent today.
Any questions that you may have can be answered by contacting an Encharter agent by visiting our virtual insurance office at www.encharter.com, calling us at 888-865-1244, or visiting our insurance office in Amherst MA, our insurance office in Lexington MA and our insurance office in Reading MA. And now, you can find us on Twitter© and Facebook©!
At Encharter, “It’s all about protecting you!”
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