Flood insurance still available to some homeowners
Baton Rouge, La (NBC33) —
Flood insurance is still available for homeowners, as Insurance Commissioner Jim Donelon says there are exceptions to the 30 day rule for purchasing flood insurance.
If you are buying a new home, increasing the amount of your loan, or refinancing your loan, then your coverage will not have to wait for the 30 day activation period.
Although those exceptions are there, Donelon says even if you don't qualify for those exceptions, everyone in Louisiana should get flood insurance now.