Not All Flooding Covered by Insurance, Policies Need to Be Checked: ExpertsNot all flooding is covered by insurance--Alberta homeowners hoping to make claims for flood...LaSalle, LuAnn
Most homeowners insurance companies do not cover damage from flood events. First Street, a non-profit research and technology group, recently reported in its The 8th National Risk Assessment: The Precipitation Problem, stated that 17.7 million properties across the nation are at risk for significant...
Flood damage is not covered by homeowners or renters insurance policies. People without a flood policy have few options for getting help paying for damage, according to Loretta Worters, a spokesperson for the Insurance Information Institute. They may be able to get federal assistance, she said, ...
Homeowners could be on hook for flood costs--TORONTO - The majority of Canadian homeowners aren't...Posadzki, Alexandra
The Homesite Insurance Company acts as a " Write-Your-Own" company on behalf of the NFIP. "Write-Your-Own" companies sell and service flood policies and the NFIP pays the claims. Property owners know a Homeowners policy covers fire damage, but most don’t realize that it won’t cover ...
With an extremely active hurricane season forecast, Insurance Information Institute CEO Sean Kevelighan explains that homeowners need to make sure they are covered for all types of disasters, including flood insurance which is not included in standard policies. ...
New flood maps are being reviewed for NYC. Once a new map is accepted, the number of homes in the 1% annual chance flood plain will increase, making flood insurance required for more homeowners. --- On Oct 1st, 2021 FEMA introduced a new methodology for pricing flood insurance, called Ris...
Gov. Kathy Hochul visited hard-hit areas and pledged aid would soon be on the way for eligible homeowners and businesses.
GONZALES, La. --The heartbreaking task of sorting through waterlogged belongings and ripping out carpets and drywall is kicking into high gear Wednesday in flood-wracked southern Louisiana as the state faces a long-term challenge of how to house thousands of displaced people.But even as the wate...
Emergency Management BC announced financial aid has been authorized for qualifying claimants that include homeowners, residential tenants, small business owners, farmers, charitable organizations and local government bodies who are unable to obtain insurance to cover these disaster-related losses. ...