Get Flood Insurance Cancellation/nullification Request Form

Voidance Prior to Effective Date. ( This reason is used when coverage is not mandatory and a policyholder decides during the 30-day waiting period, or prior to the effective date of a renewal, not to take the policy, after submitting a premium payment.

Flood policies may be terminated mid-term or full-term by cancellation, or full- term by nullification. The insured may request a cancellation or nullification of an NFIP policy for the specific reasons outlined within this section. The insured may be entitled to a full, partial, or no refund.

What are the minimum premiums? All policies are subject to the minimum earned premium, which is the greater of $500 for residential properties, $1,000 for commercial properties or 50% of the gross written premium. Note: All policy fees are fully earned at time of inception.

What are the minimum premiums? All policies are subject to the minimum earned premium, which is the greater of $500 for residential properties, $1,000 for commercial properties or 50% of the gross written premium. Note: All policy fees are fully earned at time of inception.

Flood insurance covers losses directly caused by flooding. In simple terms, a flood is an excess of water on land that is normally dry, affecting two or more acres of land or two or more properties. For example, damage caused by a sewer backup is covered if the backup is a direct result of flooding.

Voidance Prior to Effective Date. ( This reason is used when coverage is not mandatory and a policyholder decides during the 30-day waiting period, or prior to the effective date of a renewal, not to take the policy, after submitting a premium payment.

S. 2724 - 117th Congress (2021-2022): NFIP Extension Act of 2021 | Congress.gov | Library of Congress.

There is NO Mid-Term cancellation of a NFIP Policy. This declaration page, along with a signed cancellation request must be mailed to the NFIP insurer within 30 days of the NFIP policy becoming effective. If you miss the 30-day deadline, you are at risk for paying premium for duplicate flood insurance policies.