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Wednesday, July 7, 2010 - 11:08am

Flood Insurance Reinstated

Flood insurance is once again available to Georgia homeowners.

President Barack Obama has signed an extension of the National Flood Insurance Program.

NFIP lapsed on May 31st, but Congress voted to make the extended coverage retroactive to avoid coverage gaps.

People getting the insurance can get up to a quarter of million dollars worth of coverage.

Georgia Senator Johnny Isakson says he voted to extend the program.

"Flood insurance is important for areas on our coast. As well as in areas like Austell, Georgia that flooded last year in the tremendous rains that came there. So it was very important for our state, very important for our homeowners."

Americans can only access flood insurance if their community participates in the federal program.

It expires again on September 1st barring Congressional action.

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