Expiration Date
Plain-English definition and practical context.
Definition: Expiration Date | ()
pronunciation: ek-speer-AY-shun DAYT
In flood insurance, the expiration date is the last day that coverage is in force under a flood insurance policy. Coverage automatically ends at 12:01 a.m. local time on the expiration date listed on the policy’s declaration page, unless the policy is properly renewed.
The expiration date is important because:
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Claims for flood damage are not covered if the loss occurs after the policy expires
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A lapse in coverage may trigger a new waiting period before coverage becomes effective again
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Mortgage lenders may require continuous coverage and may impose lender-placed insurance if a policy expires
Renewing a flood insurance policy before the expiration date helps ensure continuous protection and avoids gaps in coverage.
Sources & Authority
Sources for Expiration Date
Defines policy terms, including expiration dates and how coverage periods are applied under NFIP rules.