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As of the writing of this blog post, Congress has not yet extended the National Flood Insurance Program, which expires at midnight on Friday, November 30th.

There is currently no clear path forward, but experts are “cautiously optimistic” that a deal will be struck in Congress to avoid an NFIP lapse. This will continue to be an issue as Congress intends to only pass short term extensions for the foreseeable future.

There are three possible paths forward as of writing this update:

  1. A lapse of the NFIP
  2. A 7 day extension to align the NFIP with Federal appropriations
  3. A 6 Month extension to allow for appropriate reforms

FEMA has issued guidance for insurance companies on how to handle writing new flood policies, policy renewals, and claims during a flood program expiration. Rogers & Gray has created consumer guidance for you as an insured to know what to do before, during and after a flood program expiration. Overall, our guidance outlines that:

  • If you have a flood policy renewing after November 30th, and within the next few weeks, either pay it now or ask for the renewal statement (billed renewals can be paid during a NFIP lapse)
  • If you are planning to close on a home after November 30th, PAY FOR THE POLICY NOW. If paid before the program expires, the policy will still go effective on the closing during a program expiration.
  • If your policy is in force before the program expires, and you experience a claim, your claim will be handled as usual.

For more detailed guidance on what to do if the NFIP expires, visit our post from earlier in the year – What Happens if the NFIP Expires?

Joe Rossi | ANFI, CFM

Flood Specialist

Joe Rossi is a nationally recognized flood specialist. Rossi joined Rogers & Gray in 2017 and provides a vast depth and understanding of coastal flood issues and legislation. Prior to joining Rogers & Gray, seeking stronger citizen representation on coastal issues, Rossi formed the non-profit Marshfield Citizens Coastal Coalition (MCCC) to educate citizens on flood insurance and mapping issues. Rossi continues to lead the MCCC, and in his role has presented to various communities, associations and other groups and organizations.He has acquired his associate of national flood insurance (ANFI) and has also acquired his certified floodplain manager (CFM) certification in 2016, one of the highest certifications in the flood insurance industry.
Rossi is a member of the board of directors for the National Flood Determination Association, a trade organization for producers of flood zone determinations. Rossi received his architecture degree from Wentworth Institute of Technology.

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