On November 18, Congress approved another short-term extention on the National Flood Insurance Program; extending authorization for the program until December 16, 2011.
Read more →Home owners in need of flood insurance can rest assured. Last night, the United States Senate reauthorized the national flood insurance program until September 30, 2010; according to the National Underwriter. “It is alarming that the NFIP was allowed to remain expired for so long, causing so
Read more →State Farm Mutual has confirmed that it will stop administering federal flood insurance policies this fall, leaving government officials to find a new home for 800,000 customers nationwide who bought their coverage through the company. State Farm is the nation’s largest administrator of such policies written by
Read more →Home owners looking for flood insurance received a little good news from the U.S. Congress. Congress temporarily extended funding for the National Flood Insurance Program. President Barack Obama signed it into law late on March 2. Funding was extened until March 28. According to a statement released
Read more →Standard homeowners and renters insurance does not cover flood damage. Flood coverage, however, is available in the form of a separate policy both from the National Flood Insurance Program – NFIP (888-379-9531) and from a few private insurers. The NFIP provides coverage for up to $250,000 for
Read more →Yes. Floods, earthquakes and acts of terrorism are generally not covered. Protection against flood damage. Property insurance policies usually exclude coverage for flood damage. Find out from your local government office or your commercial bank whether your business is located in a flood zone. Also ask around
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