Insurance Journal: Temporary Fix Keeps National Flood Insurance Operating But Only Until Nov. 17
Congress approved a deal to fund the government temporarily, but only until November 17. Highlights from an Insurance Journal article:
-Private Flood Insurer Neptune has already seen a 20% increase in sales
-NFIP has only $2.4 billion set aside for claims. After that no claims will be paid out.
-Even if a long term deal is struck, there are questions about the viability of the NFIP moving forward.
For a flood insurance quote or any other insurance needs, contact Burchman Insurance Capital:
410-274-4057
Partner at MBP Insurance Solutions
1 年If your in a flood plain take notice of this important date.