National Flood Insurance Program set to expire Dec. 8th

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MONROE, La. (KNOE 8 News) - Congressman Ralph Abraham says people who don't apply for flood insurance before Friday, December 8th are taking a risk, but he says he understands why some people are on the fence.

Courtesy: KNOE 8 News

Lawmakers extended the deadline in September to give themselves time to re-work the program, and while they did pass a plan a few weeks ago, Abraham says it's still isn't affordable for some people in Northeast Louisiana.

Abraham says lawmakers are working to extend the deadline again, but if that doesn't happen, he says that's not good news for Louisianans who are not insured.

"That makes everyone, especially Louisianans, uninsurable to their banks, to their mortgages, and they simply can not continue to have that risk hanging over their heads," says Abraham.

Abraham says if the NFIP expires, homeowners and businesses owners aren't the only ones at risk.

"The insurance agencies simply can not write their policies and that leaves us in an even more precarious situation," says Abraham. "We've got to get this right."

Abraham says a short term extension will likely pass, but says it's going to take participation from lawmakers and their constituents to bring about a long term solution.