For some Florida flood insurance policyholders affected by Hurricane Ian, the deadline is approaching to expedite recovery

NFIP policyholders with renewal dates from August 25 through October 23 must act

WASHINGTON – Some National Flood Insurance Program (NFIP) policyholders in Hurricane Ian-affected areas of Florida are nearing the deadline to renew their policies without suffering a loss.

NFIP previously announced that certain Hurricane Ian-affected Florida policyholders would be granted a 90-day grace period to renew their policies, instead of the standard 30-day grace period. This means that after the policy has been renewed, the policyholder can make a claim if they have suffered flood damage from Hurricane Ian or any other type of flooding.

The extended grace period applies to policyholders whose flood insurance policy expiry date began on August 25, 2022 through October 23, 2022 inclusive. This means for policyholders whose renewal date was originally August 25th, the deadline to renew their policy is now Wednesday 11/23.

FEMA has identified over 11,000 policyholders in Florida who may still be able to renew their policies due to the grace period extension. FEMA estimates that 220 policyholders have until November 23 to take advantage of the grace period extension.

The extension of the grace period will help thousands of Florida policyholders renew their flood insurance policies without forfeiting coverage. To maximize awareness, FEMA has taken the extraordinary step of going door-to-door advising policyholders of this opportunity, while also directing flood insurance companies and insurance agents to contact them.

There are 26 counties in Florida designated for FEMA’s Individual Assistance Program where policyholders can take advantage of the grace period. FEMA encourages all impacted policyholders residing in these counties to expedite their recovery by using the grace period to renew their policies as soon as possible.

As of November 21, more than 45,000 policyholders have filed claims for damage caused by Hurricane Ian. The majority of these claims are located in Florida. The National Flood Insurance Program has paid more than $706 million in claims payments to insured policyholders.

Hurricane Fiona

Policyholders in Puerto Rico also received a 90-day extension. The renewal extension applies to policyholders whose flood insurance policy expiry dates began on August 17, 2022 through October 15, 2022 inclusive. As of November 14, there are over 79 policyholders who are still able to extend their flood insurance policy due to the grace period extension. As of November 16, more than 121 applications have been filed in the wake of Hurricane Fiona. The National Flood Insurance Program has paid a total of over $880,000 in claims payments to insured policyholders in Puerto Rico.

Contact your insurance agent or company to renew an expired policy

Policyholders wishing to take advantage of the grace period for either Hurricane Fiona or Ian should contact their representative or insurance company today. Policyholders who do not have their insurance agent or company’s contact information should call 877-336-2627 for assistance. To learn more about filing a flood insurance claim, visit floodsmart.gov.

About Mike Crayton

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