{"id":72,"date":"2024-11-25T04:00:00","date_gmt":"2024-11-25T10:00:00","guid":{"rendered":"https:\/\/www.insurancesolutionsomaha.com\/blog\/?p=72"},"modified":"2024-11-24T13:40:28","modified_gmt":"2024-11-24T19:40:28","slug":"is-flood-insurance-effective-immediately-after-purchasing","status":"publish","type":"post","link":"https:\/\/www.insurancesolutionsomaha.com\/blog\/is-flood-insurance-effective-immediately-after-purchasing\/","title":{"rendered":"Is Flood Insurance Effective Immediately After Purchasing?"},"content":{"rendered":"

Purchasing flood insurance is an important step toward protecting your home and belongings. Since most homeowner’s policies don’t cover flooding, you must purchase separate coverage. The time a flood insurance policy becomes effective can vary, depending on the type of policy you select.<\/p>\n

What Is the Waiting Period?<\/h2>\n

There may be confusion regarding when flood insurance is available after purchase. This is probably because there are generally two types of insurance. These include flood insurance purchased through private insurance and coverage through FEMA. With FEMA insurance, which is through the federal government and is called the National Flood Insurance Program (NFIP), there is a 30-day waiting period before the insurance takes effect. It will not cover a flood in progress. The waiting period for flood insurance purchased through a private carrier is sometimes two weeks. This may vary, however, among different insurance companies.<\/p>\n

When Is There No Waiting Period?<\/h2>\n

There are some exceptions for waiting periods. If you decide to purchase flood insurance at the same time as you get a mortgage, extend, or renew your mortgage, there usually is no waiting period. If the community flood map in your area changes, you’ll only have to wait one day for your coverage to start. However, this only applies if your property gets mapped into a higher flood zone within 13 months of buying your flood insurance.<\/p>\n

Choose Insurance Solutions LLC in Omaha, NE<\/h2>\n

You need to partner with a professional insurance team that can provide you with the right flood insurance to meet your needs. At Insurance Solutions LLC, we offer various insurance options. Contact an agent serving Insurance Solutions LLC in Omaha, NE, today for more information.<\/p>\n","protected":false},"excerpt":{"rendered":"

Purchasing flood insurance is an important step toward protecting your home and belongings. Since most homeowner’s policies don’t cover flooding, you must purchase separate coverage. The time a flood insurance policy becomes effective can vary, depending on the type of policy you select. What Is the Waiting Period? There may be confusion regarding when flood […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[17,14,13],"class_list":["post-72","post","type-post","status-publish","format-standard","hentry","category-flood-insurance","tag-flood-insurance","tag-insurance-solutions-llc","tag-omaha-ne"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t