FEMA Extends Grace Period for Flood Insurance Renewal Premiums

4/2/2020 (Permalink)

With the COVID-19 epidemic, many people are facing new challenges which are forcing them to look into additional options for economic support.An option available to home and business owners with existing flood insurance is the National Flood Insurance Program (NFIP).  The agency is extending the grace period to renew flood insurance policies from 30 to 120 days. This extension applies to NFIP flood insurance policies with an expiration date between February 13-June 15, 2020.

According to the National Flood Insurance Program (NFIP), flooding is the most common natural disaster in the United States, affecting every single state. While hurricanes are mostly responsible for massive flooding disasters, other causes of flooding from outdoor sources can include snow melting and heavy rain. While many homeowner insurance policies cover flooding from sources inside your home like a broken pipe or leaky water heater, they typically do not cover flood damages from outdoor sources.

Even if your home isn’t in a high-risk area, it may be a wise idea to purchase a flooding insurance policy. Purchasing a flood insurance policy may save you time and money, helping your family recover faster.

There's never a suitable time for fire or water damage to strike. Every hour spent cleaning up is an hour of lost revenue and productivity. So, when the need arises for professional cleaning or emergency restoration services, we have the training and expertise to respond promptly with highly trained technicians to get your property back to business. 

SERVPRO of Brown County has the training and equipment to help make water damage "Like it never even happened." If you have any questions, feel free to call us at 920-434-8224.

We have technicians on call 24 hours a day, 7 days a week, ready to go into action when they are needed.