April 16, 2010
In
Home Insurance
Flood Insurance Program Extended to 5/31/2010
According to the Insurance Journal the National Flood Insurance Program has been reauthorized but only through May 31, 2010. The authorization was retroactive back to 02/28/2010. So, for a brief time, it will be business as usual.
It is of great concern to me that the program could again go into a hiatus period on 05/31/2010. Especially with the flood map change going into effect on 06/18/2010 for parts of Yolo County.
I highly encourage all those affected to secure a policy prior to 05/31/2010! This will ensure a grandfathered rate and one year at the reduced Preferred Risk Policy price!
Please contact Andrea, Amanda or myself with any questions!