FEMA has announced that it will be extending the deadline for flood insurance claims related to Hurricane Irene to January 23, 2012. The extension will affect North Carolina, New York and 12 other states that were impacted by the hurricane in late August. FEMA has hopes that the extension will afford those affected by the storm with ample time to file claims and work with their insurance companies. Typically, insurers require proof of loss within 60 days of a natural disaster, but FEMA claims that victims of Irene are due…
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FEMA issues warning for New York and other states affected by Tropical Storm Lee to beware of insurance fraud
More than a month has passed since Tropical Storm Lee made landfall on the East Coast and FEMA is still fielding complaints regarding insurance. The September storm brought flooding in states along the Gulf Coast and continued North until it reached New York. To date, the damage caused by the storm is estimated to be more than $250 million. The storm caused damage to homes, much of which comes from flooding, putting the event on dodgy insurance territory. Most homeowners do not have flood insurance, especially those living in areas…
Read MoreFew homes covered by flood damage from hurricane
Hurricane Irene has homeowners scrambling to review their insurance policies to take a closer look at their coverage, but all too many are discovering that they are not protected from the damage that results from flooding during this type of storm. This is the painful reality that thousands of people are facing as they clean up their flooded basements and work to repair other damage relating to flooding. Coverage for water damage is dependent on the source of the flooding. The typical homeowners policy will cover water and structural damage…
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