At the end of the day on Friday, December 8th, the National Flood Insurance Program (NFIP) expires.  The extension of the program is built into the Congressional Continuing Resolution, which has yet to be passed.  If the Continuing Resolution is not passed by Friday night, December 8th, the NFIP will expire.  This means no new policies can be written, existing policies can not be renewed on their renewal, no claims can be filed and it may become difficult to close on a home during this time.  FEMA has also indicated they may not do a “look back” once the program becomes effective again, meaning forced place lender insurance may be required to cover the gap.


We suggest several actions for you at this point:

  • If you are closing in the next few weeks, and flood insurance is part of your closing, pay your flood insurance policy now (before the end of the day Friday) before the closing, with the effective date of the policy still being on the closing.
  • If you are coming up for a renewal in the next few weeks, pay your premium now.
  • If you do close on a home during this time without getting a flood policy ahead of time, you will be forced to get either private flood insurance or lender placed insurance.


We will keep you up to date on what is happening, but should a Continuing Resolution pass on or before Friday, we expect this issue to continue for the next month or so as multiple, short term Continuing Resolutions are considered.

For questions on your specific lender requirements, please check with your lender and insurance agent.


read todays ledger article on the issue: