Stay Afloat: Flood Plains, Flood Insurance, & Homeowner Tips

The Shenandoah Valley -- and many spots in Rockingham County, in particular -- has seen its fair share of flooding. Since the devastation that took place because of excess rainwater in a massive flood back in the 1990's, better irrigation drainage systems have been put in place, dikes have been constructed, and countless other measures have been accounted for since then in our beautiful piece of the Valley. So, with all those safeguards in place, do you really need to care about what flooding could do to your property? If your home is in the flood zone, YES.

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National Flood Insurance Program Reauthorized… Again

According to our last post about the National Flood Insurance Program, the temporary extension ended yesterday. So, Congress has now passed (and the President signed) a bill reauthorizing this program prior to the program’s expiration. The Travelers Insurance Flood Team states, “The bill contains a short-term reauthorization that extends the...

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National Flood Insurance Program Temporarily Extended

We posted on September 1st about the National Flood Insurance Program potentially lapsing, beginning on October 1st, which is tomorrow! Well, yesterday, the House of Representatives approved a temporary extension of government funding (which includes funding for the National Flood Insurance Program). This had been previously approved by the Senate....

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National Flood Insurance Program May Lapse Again

Back in April of 2010, we reported that the National Flood Insurance Program (NFIP) was reauthorized after it had lapsed (but had been made retroactive to the lapse date). Basically, it had expired for some time, then reauthorized, and all policies written during the lapsed time were back-dated. This made...

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National Flood Insurance Program Reauthorized

Last week we wrote about the National Flood Insurance Program expiring at the end of March. Good news! Congress took action yesterday to reauthorize the program. The program reauthorization was made retroactive to March 28, 2010 so all transactions keyed during the program suspension period will be completed as requested....

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