The National Flood Insurance Program typically sees minor changes every April and October. This April, the following policy changes will occur: Flood declaration pages will now have the following statement: Refer to https://www.fema.gov/cost-of-flood for more information about flood risk and policy rating. 2- to 4-family buildings can be considered a primary residence with the smaller…
Good News: The National Flood Insurance Program was extended to May 31, 2019. During the government shut down, the Federal Emergency Management Agency (FEMA) had determined not to sell new or renew flood insurance policies until funding was appropriated by the federal government. On Friday, December 28th, FEMA reversed that decision and will continue to sell…
Congress and President Trump extended the National Flood Insurance Program (NFIP) through December 21, 2018. There is a planned vote prior to midnight on December 21, 2018 that should extend the program at least through May. The extension of the flood insurance program is now part of a larger spending bill that Congress will be…
NFIP has outlined changes to be effective October 1, 2018 that apply to new business, renewals, endorsements, and cancellations. Cancellation Reason Code 26 for Duplicate Coverage under Non-NFIP Policy Beginning October 1, 2018, agents can use NEW Cancellation Reason Code 26* to cancel an NFIP policy when a policyholder has obtained a duplicate policy from sources other…
The National Flood Insurance Program is in need of changes to make it a more viable insurance program. Congress has been pushing short term extensions for a year. The current extension is effective through November 30, 2018. Those who live in flood prone areas are left wondering if the program will lapse, even for a…
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You are about the leave our site and submit the information to pay your bill. A licensed agent from our team will need to process your payment to make it official – we cannot bind coverage via web request. Let us get to work for you. Want to talk? Call us. 410-213-5600
Client Support Team
SCD Intermediaries
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