NFIP Begins Issuing Advance Payments to Policyholders After Hurricane Ian
"We know that rebuilding after a flood can be difficult," said
More time for policyholders
There are NFIP policies in
The extension applies to policies with renewal dates beginning
Additionally, the NFIP has extended the proof of loss requirement for policyholders who suffered flood damage from Hurricane Ian from the standard 60 days to 365 days from the date of loss.
The NFIP also authorized its Write Your Own insurance company partners and the NFIP Direct to pay claims based on the adjuster's report, without requiring policyholders to sign a proof of loss. When a policyholder seeks additional payment for any reason, they may still submit a signed proof of loss to the insurer. Policyholders can submit a signed proof of loss later if they need to request an additional payment or if they disagree with the adjuster's report.
Payments
In the Hurricane Ian affected states, as of
"The NFIP is committed to processing claims quickly and fairly," Maurstad said. "We remain in close coordination with our Write Your Own insurance companies, the NFIP Direct and the state insurance commissioners' offices to ensure that policyholders are paid every dollar owed for covered flood loss."
Anyone affected by Hurricane Ian who has an NFIP flood insurance policy and has suffered flood damage should begin filing their claim now. Evacuated policyholders can still start their claim and provide specifics later, once local officials say it's safe to return home.
Policyholders can start their claim by contacting their flood insurance agent or company. Those who don't know who their insurance agent or company is may call 877-336-2627.
To learn more about how to file a flood insurance claim visit floodsmart.gov.



Condo Insurance Market Will Hit Big Revenues in Future : Aviva, Farmers Insurance Group, Erie Insurance
More Than 97% of the Nation’s Top Performing Health Insurance Plans – According to NCQA 2022 and CMS 2023 Plan Ratings – Use Member Experience Solutions From Press Ganey
Advisor News
- SEC manual shake-up: What every insurance advisor needs to know now
- Retirement moves to make before April 15
- Millennials are inheriting billions and they want to know what to do with it
- What Trump Accounts reveal about time and long-term wealth
- Wellmark still worries over lowered projections of Iowa tax hike
More Advisor NewsAnnuity News
- Variable annuity sales surge as market confidence remains high, Wink finds
- New Allianz Life Annuity Offers Added Flexibility in Income Benefits
- How to elevate annuity discussions during tax season
- Life Insurance and Annuity Providers Score High Marks from Financial Pros, but Lag on User Friendliness, JD Power Finds
- An Application for the Trademark “TACTICAL WEIGHTING” Has Been Filed by Great-West Life & Annuity Insurance Company: Great-West Life & Annuity Insurance Company
More Annuity NewsHealth/Employee Benefits News
- Best’s Special Report: US Life/Health Insurance Industry Sees Impairments Halved in 2024
- New York receives partial approval for Essential Plan changes
- New York receives partial approvel for Essential Plan changes
- Parents of children with disabilities urge lawmakers not to ‘lock in’ Iowa Medicaid privatization
- Delaware approves $200 copay for weight-loss drugs, new premiums for state employees
More Health/Employee Benefits NewsLife Insurance News
- Best’s Special Report: US Life/Health Insurance Industry Sees Impairments Halved in 2024
- Jackson Study Exposes Stark Disconnect Between Anticipation of Policy Change and Retirement Planning Conversations
- Thrivent plans to add 600 advisors this year
- Third Federal Named a top Financial Services Company by USA TODAY
- New Allianz Life Annuity Offers Added Flexibility in Income Benefits
More Life Insurance News