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Flood Insurance: Private Policies Count Towards Continuous Coverage

New rules make it easier for citizens to maintain continuous flood insurance coverage, even when switching from a federal program to a private policy. This means previous private insurance will be recognized, potentially helping to avoid higher premiums or loss of discounts.
Key points
Private flood insurance will now be recognized as continuous coverage, just like federal program insurance.
This change can help property owners maintain lower premiums and avoid penalties for gaps in coverage.
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Expired
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Additional Information
Print number: 117_HR_4699
Sponsor: Rep. Castor, Kathy [D-FL-14]
Process start date: 2021-07-27
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

To amend the National Flood Insurance Act of 1968 to allow for the consideration of private flood insurance for the purposes of applying continuous coverage requirements, and for other purposes.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_4699.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-07-27.

What are the main provisions?

Key points include:

  • Private flood insurance will now be recognized as continuous coverage, just like federal program insurance.
  • This change can help property owners maintain lower premiums and avoid penalties for gaps in coverage.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Castor, Kathy [D-FL-14].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

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