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Florida Receives Approval For National Flood Insurance Program Waiver

Today, Florida Chief Financial Officer (CFO) Jimmy Patronis announced that the Federal Emergency Management Agency (FEMA) authorized the National Flood Insurance Program (NFIP) to approve

Today, Florida Chief Financial Officer (CFO) Jimmy Patronis announced that the Federal Emergency Management Agency (FEMA) authorized the National Flood Insurance Program (NFIP) to approve Florida’s request for a waiver allowing policyholders within the program to access a portion of their claims without going through the full claims process.

This waiver was issued following a joint request by the offices of Governor Ron DeSantis and CFO Jimmy Patronis.

Florida CFO Jimmy Patronis said, “Today, FEMA granted a waiver that will allow National Flood Insurance Program policyholders to access tens of thousands of dollars upfront without having to go through a normal claims process or involving an adjuster. This process cuts through a lot of red tape, and provides critical funding to policyholders who can provide FEMA with basic information of out-of-pocket expenses related to repair or replacement of NFIP-insured property. These advance payments are going to be essential to help Florida families get started on the difficult work of rebuilding. Make no mistake, Governor DeSantis deserves a lot of credit in getting the federal government to issue this waiver. This means a lot to Floridians who are having to rebuild their lives.”

This program provides NFIP Standard Flood Insurance Policy Holders $5,000 for combined building and contents losses, or up to $20,000 for policyholders who can provide FEMA with photographic evidence of claims and demonstrate proof incurred out-of-pocket expenses related to repair or replacement of property insured under a Standard Flood Insurance Policy.

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