Tag: flood damage

  • Hurricane Sandy: What To Do If Insurance Claim Is Rejected

    Hurricane Sandy: What To Do If Insurance Claim Is Rejected

    By Mandi Woodruff Hurricane Sandy is expected to cost a staggering $50 billion, with as many as 200,000 claims for wind damage and 20,000 claims for flood damage filed by consumers. The sooner those claims are filed the better, but that doesn't necessarily mean everyone will get what they ask for. One of... Continue Reading

  • Do I Really Need Flood Insurance?

    Do I Really Need Flood Insurance?

    Lou Andrews Smith is a homeowner in Sacramento who decided to let his flood insurance lapse for two reasons. "First, it just cost too much -- I had the standard policy and it's $1,400 a year now," he says. "Second, we've had years of drought and near-average rainfall. I don't live near a river or lake, so I... Continue Reading