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Florida Homebuyers Face Delays as Flood Insurance Program Expires

10/8/2025

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Story summary
  • Florida homebuyers face delays and potential deal cancellations as the federal flood insurance program expires on September 30, 2025.
  • The National Flood Insurance Program (NFIP) remains on hold due to a government shutdown, halting new and renewal policies.
  • FEMA says there are more than 4.7 million active NFIP policies protecting properties valued at over $1.3 trillion.