No more flood Insurance

The national flood insurance program expired after the Senate failed to extend it when the left for a two week recess.

The program expires April 3rd and after that no new policies will be issued until the program is reinstated. The Senate is not scheduled to return until April 12th so a solution is not expected before that date.

FEMA says most of the 5.6 million current policy holders will not be affected by the temporary suspension but new homebuyers or anyone refinancing in a flood zone will not be able to close as scheduled if it falls in that window. Contact your local lender at once to see about resolving this problem. There are some local flood zones such as Old Town, White's Ferry and Georgetown, among others.

The Senate will resume debate on this issue after returning April 12th.