Official Summary

7/12/2011--Introduced.Amends the National Flood Insurance Act of 1968 to state that, if a flood has commenced or is in progress before expiration of the 30-day waiting period before a new or modified flood insurance policy becomes effective, the insurance coverage shall take effect upon th

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Official Summary

7/12/2011--Introduced.Amends the National Flood Insurance Act of 1968 to state that, if a flood has commenced or is in progress before expiration of the 30-day waiting period before a new or modified flood insurance policy becomes effective, the insurance coverage shall take effect upon the expiration of such 30-day period. Allows coverage for damage occurring after expiration of the waiting period, however, only if the property has not suffered damage or loss as a result of such flood before the waiting period expires.

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