Flood insurance programs face impacts due to government shutdown

SAVANNAH, Ga. (WTOC) - The U.S. is now two days into the government shutdown and WTOC is learning more about how it could impact you and your family.

FEMA’s National Flood Insurance Program is currently in limbo which could impact homeowners in flood-prone areas in Coastal Georgia and South Carolina.

Without the National Flood Insurance Program, homebuyers could be left without the crucial coverage they need.

As mentioned, that flood insurance was so important last year when Tropical Storm Debbie hit the Coastal Empire area pretty severely.

WTOC talked to the executive director of the Association of State Floodplain Managers today about how the shutdown’s impacts on flood insurance could affect the housing market. He said while coastal communities experience more flood risks, you have options. The answer lies in local action and informed decisions.

“We’re still in hurricane season,” said Chad Berniggis, ASFM. “I’m always mindful that just because we haven’t been hit yet this year, doesn’t mean we can’t. Given that this lapse may last days or weeks, it would be my recommendation that if someone is looking for a home that’s flood-prone, that they look into private insurance options.”

That crucial advice directly echoes local Savannah’s lenders’ sentiments who say if you have a house under contract, private insurance companies will cover your home.

These experts advise you to seek those out, as well as calling listing agents, car insurers, and local companies or brokers prior to closing.

Savannah’s recent move to require new homes be built two feet above the base flood elevation is another step towards resilience amid hurricane seasons.