To avoid a lapse in coverage, there is typically a 30-day grace period to renew policies. However, due to the widespread economic disruption arising from the COVID-19 pandemic, FEMA recognizes that flood insurance policyholders may not meet the standard policy renewal deadline.
To help serve its National Flood Insurance Program (NFIP) customers who may be experiencing financial hardships, the agency is extending the grace period to renew flood insurance policies from 30 to 120 days. This extension applies to NFIP flood insurance policies with an expiration date between February 13-June 15, 2020.
Click here to read the National Flood Insurance Program bulletin: https://nfipservices.floodsmart.gov/wyobull2020.html.
Click here to read the FEMA news release: https://www.fema.gov/news-release/2020/03/29/fema-extends-grace-period-flood-insurance-renewal-premiums.