Cancellation Verification Letter

The Cancellation Verification Letter is required when a policyholder requests a cancellation due to their lender no longer requiring flood insurance. The letter serves as documentation that flood insurance is no longer mandated by any lender, loss payee, landlord, or federal agency. Policyholders can obtain the letter from their agent or insurer.

The document includes the following key statements:

• The policyholder affirms that they are not required to maintain flood insurance for the insured property under any statute, regulation, or contract.
• The policyholder acknowledges that canceling the policy may result in losing eligibility for discounted NFIP premium rates.
• The policyholder must select a reason for cancellation, which may include:
  • Property closing did not occur
  • Property is no longer in a Special Flood Hazard Area (SFHA)
  • Coverage no longer required for a detached structure
  • Mortgage paid off
  • Nullification prior to the policy effective date

The letter also requires the policyholder’s printed name, signature, and date.

This document is also called the Verification of No Requirement letter or VONR.

Additional Resources

• Cancellation Verification Letter Example