By Christine Donnelly, Star Advertiser https://twitter.com/Hawai'iFloodPlan/status/1141135620883922946
“What the FLOOD! What do you mean my water damage is not covered by my insurance policy?”
According to a recent national survey sponsored by National Association of Insurance Commissioners (NAIC), 41% of Americans agree or strongly agree that flood insurance is a "good idea," yet only 17% say they have purchased flood insurance. (Federal Emergency Management Association (FEMA) estimates that only about 3% have flood protection.) One of the reasons NAIC... Continue Reading →
What effect does the newly signed Disaster Relief Bill have on the 50-year old NFIP program?
Basically, it allows for the 12th short-term extension of the National Flood Insurance Program (NFIP) since 2017. The 10th extension was approved on December 21, 2018, which carried the program until May 31st 2019. The 11th was the 2-week extension passed one day before the program was set to expire a week ago on May... Continue Reading →