Monday, March 29, 2010

National Flood Insurance Program Closed until at least April 12th!

BREAKING NEWS: Federal Flood Insurance Progam closed for weeks. As insurance, real estate agents and homeowners feared, Congress left Washington without extending the federal flood insurance program.

As a result, the federal flood insurance program's authority to write new policies ends on Sunday, March 28 at midnight. After that time,insurance agents will not be able to provide new or renewal flood insurance policies, which are required by lenders to close on some real estate sales. Please see the link below for more information:

http://www.vandykgroup.com/nj-insurance/national-flood-insurance-hiatus.asp