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Grace Period Extended for Payment of Some NFIP Policies

An extension has been issued by the Federal Insurance and Mitigation Administration has issued a waiver extending from 30 days to 120 calendar days for receipt of payment on certain National Flood Insurance Program flood insurance policies...
September 6, 2017

An extension has been issued by the Federal Insurance and Mitigation Administration has issued a waiver extending from 30 days to 120 calendar days for receipt of payment on certain National Flood Insurance Program (NFIP) flood insurance policies. “For renewal payments this extension applies to policies with expiration dates on or between July 24, 2017 and September 22, 2017. This extension also applies to policies with underpayment notices for additional premium payment due on or between July 24, 2017, and September 22, 2017,” the bulletin states. Read the full text of the bulletin: (W-17029 “Extension of the Grace Period for Payment of National Flood Insurance Program (NFIP) Premiums”).

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