Changes that became effective October 1st, 2018 (updated April 2019), are still in effect and provide flood insurance customers with greater freedom to choose their own Private Flood Insurance Provider. If certain conditions are met, customers are eligible to cancel/nullify their NFIP flood insurance policy.
Prior to NFIP’s 2018 changes, canceling an NFIP flood insurance policy was price prohibitive in many cases because no refunds were available. Now, flood insurance customers can choose to cancel their NFIP policy using Reason Code 26 (duplicate coverage) if they meet NFIP requirements.
It’s true that owning a home comes with a wide range of advantages, but also liabilities, including the fact that you’re going to be...
Are you thinking about renting your home to earn additional income? Maybe you’re considering entering the real estate investment business. With single-family rental homes...
Home insurance policies, in their basic form, are built to meet most needs of most people, which is to say, a home insurance policy...
