Today we're talking about the wait period when it comes to flood insurance. We get a lot of questions on this. Is it 30 days? Is it 5 days? Is it 10 days? Well, when it the National Flood Insurance Program, there's actually two different options. If you're closing on a house, there is no wait period. You just have to have your payment in within 30 days of doing the policy for the policy to be active. Generally, you also have to have in a proof of residence, maybe a copy of a driver's license, where you moved into the house with a utility bill, something like that. The other option, I said, you have to wait 30 days if it's not for a loan closing. However, if it's in the private market, you may only have to wait 15 days. You may only have to wait 5 days. You may only have to wait 10 days. It really depends on the carrier. This is how the wait periods work with flood insurance.
If you have questions about how long you have to wait after purchasing a policy before it goes into effect, please reach out to us. www.floodinsuranceguru.com, our Facebook page of YouTube channel The Flood Insurance Guru, and you can also call us at 205-451-4294.
CATEGORIES
- national flood insurance program (27)
- Private Flood Insurance (23)
- Flood Insurance Options (16)
- Insurance agents (15)
- NFIP (15)
- Commercial Flood Insurance (14)
- property owners (14)
- investors (13)
- FEMA (12)
- Loan Officers (12)
- NFIP Risk Rating 2.0 (12)
- realtors (12)
- residential flood insurance (11)
- Flood Insurance Coverage (10)
- Risk Rating 2.0 (9)
- federal emergency management agency (9)
- Alabama (8)
- Flood Insurance Coverages (7)
- Flood Zones (7)
- FHA loans (6)
- Mortgage Company (6)
- Southeastern Region (5)
- elevation certificates (5)
- flood claims (5)
- Flood Insurance premiums (4)
- Flood Map Updates (4)
- Loan type (4)
- NFIP 2.0 (4)
- flood insurance (4)
- Birmingham Alabama (3)
- Birmingham Alabama flood insurance options (3)
- Closing Attorney (3)
- Disaster Assistance (3)
- Flood Insurance Alabama (3)
- Foundation types (3)
- Home Insurance (3)
- Huntsville Alabama (3)
- Mortgages (3)
- Title Company (3)
- all regions (3)
- all states (3)
- cancellation reasons (3)
- flash flooding (3)
- flood insurance cost (3)
- policy assumptions (3)
- Alabama flood insurance (2)
- Assurant Flood Insurance (2)
- Best commercial flood insurance companies in 2022 (2)
- Flood Education (2)
- Flood Insurance Rate Maps (2)
- Lloyd's (2)
- March 2022 Birmingham Alabama Flooding (2)
- Real Estate (2)
- Real estate Agent FAQ (2)
- Residential private flood insurance (2)
- SFHA (2)
- alabama flood (2)
- commercial building flood insurance (2)
- commercial buildings (2)
- condo flood insurance (2)
- do i need flood insurance in huntsville al (2)
- federal flood insurance (2)
- flood insurance claims (2)
- flood insurance commercial (2)
- flood insurance for apartment buildings (2)
- flood insurance for coastal communities (2)
- flood insurance in huntsville al (2)
- flood insurance options in huntsville al (2)
- flood insurance rates (2)
- flood insurance requirements (2)
- flood mitigation (2)
- flood risks (2)
- guide to flood insurance in huntsville al (2)
- homeowners insurance (2)
- lloyds of London (2)
- private flood insurance pricing (2)
- renters (2)
- special flood hazard areas (2)
- spring flood (2)
- spring runoff (2)
- understanding flood zones in huntsville al (2)
- usda loan (2)
- wait periods (2)
- 2020 FHA (1)
- 5 tips when purchasing flood insurance (1)
- Alabama Flood Zone AE (1)
- Best commercial flood insurance in 2022 (1)
- Brush Fire (1)
- Coastal Flooding (1)
- Coastal Zones (1)
- Columbia MS (1)
- Covington Georgia (1)
- Dam flood insurance rates (1)
- Detroit Michigan (1)
- Disclosure Law (1)
- Flood Insurance Coverage Increase (1)
- Flood Insurance Map Changes Texas (1)
- Flood Insurance Pricing Virginia (1)
- Flood Insurance Texas (1)
- Flood insurance for Mortgages (1)
- Flood insurance in Alabama (1)
- Florida (1)
- Georgia flood map updates (1)
- Guide to flood zone ae 2024 (1)
- Guide to flood zone ae pillar (1)
- Hoover Alabama (1)
- Hurricane Harvey (1)
- Insurance (1)
- Learning Disability (1)
- Marion County MS (1)
- Midwest Region (1)
- Mississippi (1)
- Ohio (1)
- Parametric Flood Insurance (1)
- Pelham Alabama Home Buyers (1)
- Pelham Alabama flood Insurance options (1)
- Premium Financing Flood Insurance (1)
- Private flood insurance Texas (1)
- Saving Money on Flood Insurance Birmingham alabama (1)
- Smith Lake Alabama (1)
- Texas (1)
- Write-Your-Own Program (1)
- acknowledgment form (1)
- additional living expenses (1)
- alabama flood zones (1)
- alabama flooding (1)
- am i in flood zone (1)
- best flood insurance birmingham alabama (1)
- builders risk (1)
- buying power (1)
- california fire (1)
- cancellation (1)
- cancelling flood insurance (1)
- cheap flood insurance alabama (1)
- cheap flood insurance rates (1)
- cheap flood insurance tennessee (1)
- cheapest flood insurance in alabama (1)
- city of birmingham (1)
- claim inquiry (1)
- claims variable (1)
- community rating system (1)
- crs (1)
- cullman alabama (1)
- cullman alabama flood insurance (1)
- detroit flood insurance (1)
- escrow (1)
- excess flood insurance (1)
- flood insurance Tennessee (1)
- flood insurance cancellation (1)
- flood insurance cost in virginia (1)
- flood insurance deductible (1)
- flood insurance for investors (1)
- flood insurance for renters (1)
- flood insurance in utah (1)
- flood insurance options in virginia (1)
- flood insurance payments (1)
- flood insurance policies (1)
- flood insurance policy (1)
- flood insurance pricing (1)
- flood insurance purchase (1)
- flood insurance quote expired (1)
- flood insurance quotes (1)
- flood insurance rate changes (1)
- flood insurance utah cost (1)
- flood loss (1)
- flood loss data (1)
- flood loss form (1)
- flood loss history (1)
- flood maps (1)
- flood zone (1)
- flood zone a (1)
- flood zone a coverages (1)
- flood zone ae (1)
- flood zone ae guide (1)
- flood zone changes blog (1)
- flood zone v (1)
- florida flood insurance (1)
- florida flood insurance requirements (1)
- florida flood zones (1)
- guide to flood insurance costs (1)
- guide to flood insurance in virginia (1)
- how long is a flood insurance quote good for (1)
- how much is flood insurance in virginia (1)
- increased cost of compliance (1)
- is flood insurance required in florida (1)
- jackson ga (1)
- jackson lake georgia (1)
- letter of map amendment (1)
- letter of map revision (1)
- lloyds of london 2024 (1)
- loma (1)
- macon georgia (1)
- michigan flood insurance (1)
- midterm cancellation (1)
- mississippi flood insurance (1)
- mobile homes (1)
- multifamily property (1)
- national flood insurance pricing (1)
- national flood insurance program bad (1)
- non renewed (1)
- pelham alabama (1)
- private flood insurance alabama (1)
- private flood insurance in birmingham area (1)
- proof of flood loss form (1)
- real estate investing in flood zones 2024 (1)
- real estate listings (1)
- renters flood insurance (1)
- residential buildings (1)
- saving money on your mortgage (1)
- snowstorm (1)
- tennesse flood insurance (1)
- utah flood insurance (1)
- va loans (1)
- virginia beach flood insurance 2024 (1)
- virginia flood insurance (1)
- water endorsement (1)
- watkinsville GA flood map changes (1)
- which flood zones require flood insurance (1)
- wildfire (1)
- winter (1)
- winter damage (1)