On Wednesday, November 12th, President Trump signed a temporary reauthorization bill that will fund the government through January 30, 2026. This reauthorizes the National Flood Insurance Program (NFIP), which lapsed on October 1, 2025, as a result of the government shutdown.
When the NFIP lapsed, flood insurance policies (new or expiring) could not be issued. Now that the NFIP has been reinstated, if you originated new loans in a flood zone during the lapse, or if you had flood insurance policies expire during that time, you now need to ensure that flood insurance coverage is obtained.
That being said, there are multiple scenarios that may have occurred within the lapsed timeframe, so we wanted to provide some guidance to help as you navigate these murky waters.
So, make sure you take some time to review your flood loans that closed during this timeframe, as well as any policies that may have expired during the lapse.
One last thing to keep in mind, this was a temporary reauthorization bill, so it’s hard to say what will happen come January 30th. There is potential that we could enter into another government shutdown and end up in the same boat, only time will tell.
Published
2025/11/14