How are the rest of you handling private flood insurance policies that may have between a 7 to 15 day grace period instead of the 30 day grace period for an NFIP policy? Are you adjusting tracking for when to send the 45 day force placement letter?
I am aware. However, the difference does pose new risks due to the increased length of gap in coverage potential. A 15 day gap compared to 38 day gap is fairly significant. I'm just curious if anyone is adjusting their practices (such as bank buying coverage) knowing that longer gap may exist.