National Flood Insurance Program Receives Extension

Oct 06, 2010, 15:40 ET from Pennsylvania Department of Insurance

Insurance Department Reminds Consumers of Flood Insurance Options

HARRISBURG, Pa., Oct. 6 /PRNewswire-USNewswire/ -- Acting Insurance Commissioner Robert L. Pratter today announced that the federal flood insurance program has been extended for one more year and reminded Pennsylvanians to consider buying flood insurance to protect their homes and businesses.

"After three lapses this year, it is finally official -- the National Flood Insurance Program has been extended for one more year," said Pratter. "This is welcome news to many people in our state who could be affected by flooding or who wished to buy or sell a home and were not able to do so, because the property was in a designated flood-plain and flood insurance was required."

Standard homeowner policies do not include coverage for flood damage. Also, there is a 30-day waiting period before a flood policy becomes effective.

Run-off water, inadequate drainage or dam failure can cause thousands of dollars in damage. Homeowners and business owners should discuss flood insurance with their insurance professional as soon as possible.

Information detailing coverage and how to obtain flood insurance can be found at, the official site of this federally-funded resource for flood victims.

The President recently signed the National Flood Insurance Program Re-extension Act of 2010, which extends the program until Sept. 30, 2011. Consumers who were seeking to renew their policies or purchase a new policy may now proceed.

For more information on insurance products and protections, visit or call the consumer hotline at 877-881-6388.

Media contact: Rosanne Placey or Melissa Fox, 717-787-3289

SOURCE Pennsylvania Department of Insurance