By The Restoration HQ desk · · filed under Carriers & the Market
NFIP authority expires September 30, with a named reform bill in play
NFIP authority lapses at 11:59pm Sept 30, 2026 unless reauthorized. H.R. 5484 (NFIP-RE Act of 2025) would cap annual premium increases and add affordability and mitigation provisions. Separately, Moody's pegs potential uninsured flood losses at $375B from a 1-in-100-year event.
FORA reform that caps premium hikes keeps more homeowners insured, which means more covered losses and fewer fights over who pays.
AGAINSTCongress has limped NFIP along on short-term extensions for years, so build your flood-season cash flow assuming another lapse, not a fix.
Consensus vs. contrarianContrarian, dated take to own now: the smart shop treats the Sept 30 cliff as a marketing calendar, educating homeowners on coverage gaps before the deadline instead of reacting after the next flood.
Sources NAR FAQ, www.nar.realtor/flood-insurance/faq-national… H.R. 5484 text, www.congress.gov/bill/119th-congress/house-b… Moody's uninsured-flood figure via Claims Journal, www.claimsjournal.com/news/national/2026/05/…
Terms in this story: NFIP (National Flood Insurance Program)