Worth Saving?
While we have complaints about inadequate appraisals and underpayments to our clients recovering from the Great Flood of 2016, we know that the National Flood Insurance Program is a critical component of this — and future — recoveries in Louisiana and elsewhere. It is critical that homeowners who do the right thing and pay premiums […]
Four Ways to Get More Money Out of Your Flood Policy
Insurance is a special type of contract. The consumer pays premiums to the insurance company. In return, the insurance company pays benefits to the consumer if one of the things that the consumer is paying premiums to protect against – like damage from a flood – occurs. But because of the special nature of the […]
Flood Insurance- Deadlines You Can’t Miss
We have previously highlighted some important things to know about your flood insurance. We’ve discussed why you need to know how the claims process works and why meticulously documenting all of your damage is vital. We’ve also answered questions that are most frequently asked. Understanding these points is useless, though, if you miss a deadline […]
Flood Insurance-Quick Facts
Recent victims of flooding in Louisiana need to be aware of some of the basic facts of flood insurance: Homeowner’s insurance does not typically cover flood damage. Flood damage is compensated from flood policies issued under the National Flood Insurance Program. The NFIP covers up to $250,000 for the structure of the home and $100,000 […]
I Have Flood Insurance- What Now?
As the waters recede, the recovery begins. And that recovery will take money — money to rebuild homes, replace furnishings, and remake devastated communities. Flood insurance is intended to do just that. But how does the process work and what should flood victims do now — within the first few days of the water going […]
What You Didn’t Know About Flood Insurance
Recent victims of flooding in Louisiana need to be aware of some of the basic facts of flood insurance: Homeowner’s insurance does not typically cover flood damage. Flood damage is compensated from flood policies issued under the National Flood Insurance Program. The NFIP covers up to $250,000 for the structure of the home and $100,000 […]