We have the unfortunate coincidence that a large number of our flood policies are set to expire in early October. IF the NFIP is not renewed in time what would be the best way to handle the force placement process?
Should we continue sending the 45 day notice once the policy expires (customer cannot purchase a new policy during lapse) or should we wait and send the 45 notice out when the NFIP is renewed?
Any examples of how this was handled in your past experiences would be appreciated as well. Thank you