If a flood warning is issued, can someone purchase flood insurance and expect immediate coverage?

When a flood warning is issued, individuals cannot purchase flood insurance and expect immediate coverage because there is a mandatory waiting period. Under the National Flood Insurance Program (NFIP), there is typically a 30-day waiting period that applies to new policies and policy changes, which means coverage does not take effect until that waiting period has elapsed. This policy is in place to prevent individuals from purchasing insurance only when a flood is imminent and then filing claims for that immediate risk.

Understanding this concept is crucial for those seeking flood insurance to ensure they are adequately prepared and do not mistakenly believe they will be covered immediately following the purchase of a policy during an active flood warning. This information underscores the importance of proactive flood insurance planning well before any weather-related warnings are issued.