The rain is coming down. The water is coming up. Can you get flood insurance? The answer is yes, but you may have to wait a while. Unless you are buying flood insurance in connection to a real estate closing, there is a 30 day waiting period on new flood policies. This means, if you purchase a flood insurance policy today, coverage will not be effective until 30 days from today. It is the harsh reality of Federal Flood Program rules. Let’s pray the rain slacks off soon. Go away Tropical Storm Debby.
