Flood insurance authorization lapses in government shutdown

For example, the government won’t issue new federal flood insurance policies or. The longer the shutdown lasts, the more government activities will grind to a halt. It’s already caused a lapse in.

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Homeowners that are required to have a flood policy with the National Flood Insurance Program (NFIP) may be affected by the current government shutdown that began on January 20, 2018 depending on when your policy – or a pending closing – is effective.

The House and Senate adjourned Thursday without a budget deal, meaning the partial government shutdown. s National Flood insurance Program has stopped issuing new flood insurance policies and will.

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Coastal homeowners have one less thing to worry about as winter-storm season looms thanks to an extension of the National Flood Insurance. an ongoing partial government shutdown. Months of.

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Flood insurance after the government shutdown. January 20, 2018 James Lynch Leave a comment.. In the unlikely event the NFIP’s authorization lapses, FEMA would still have authority to ensure the payment of valid claims with available funds.

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