NATIONAL FLOOD INSURANCE PROGRAM REAUTHORIZATION DEADLINE IS FRIDAY SEPTEMBER 30TH

National Flood Insurance Program Reauthorization Deadline is Friday September 30th

September 27, 2023

Important Update for All Realtors

 
NFIP Reauthorization Deadline: September 30th
 
Dear colleagues,
 
Please be aware that the National Flood Insurance Program (NFIP) is set to expire on September 30th. This impending deadline could have significant implications for our clients, especially those in flood-prone regions.
 
The National Association of Realtors (NAR) is actively working on this matter. Please refer to the NAR FAQ  for a comprehensive understanding of NAR's ongoing efforts and preparations. You can get it here: https://www.nar.realtor/flood-insurance/faq-national-flood-insurance-program-expires-september-30-2023
 
Recommendation for Immediate Action:
 
If you have clients currently under contract, it is strongly advised to ensure they bind and pay for their flood insurance before the September 30th deadline.
For clients whose flood insurance is up for renewal within the next 30 days, consider encouraging them to renew their policies as soon as possible.
Let's stay proactive and prioritize our clients' best interests during this crucial period.
 
Stay informed, and let's support each other through this!
 
Warm regards,
 
Cyndee Haydon
2023 Chair, NAR Insurance Committee
727-710-8035 cell
cyndeehaydon@gmail.com