Congress is getting ready to send President Donald Trump the thirteenth 60-day extension of the National Flood Insurance Program (NFIP) as the current one expires at the end of September. The NFIP has been in serious financial trouble for years but Congress has been unable to agree on how to fix the ailing program. The […]
According to a recent analysis by E&E News of government data, tens of thousands of homeowners who were in the path of Hurricane Dorian dropped their flood insurance in recent years. The analysis found that both homeowners and owners of commercial buildings have been giving up their flood insurance policies despite the fact that their […]
Hurricane Dorian approaching the Carolinas – September 5, 2019 Hurricane Dorian did major damage in the Bahamas and is currently lashing out at the Carolinas. If your home has been damaged or destroyed by Dorian or another major weather event, you probably have questions about just what your homeowners insurance will cover. We are here […]
View of homes along the coast of Kure Beach, North Carolina, USA: Wilmington, NC. Hurricane season is here, and North Carolina Insurance Commissioner is reminding homeowners that now is a great time to put a flood insurance policy in place. North Carolina Insurance Commissioner Mike Causey pointed out in a recent interview that when Hurricane […]
Even if you live outside of a high-risk flood zone you should consider flood coverage. According to government statistics, over 20 percent of flood claims come from properties outside of high-risk flood zones. Spring is here which brings flood danger to many parts of the country. If you live in an area where flooding is […]
Texas homeowners may have a new option when it comes to flood insurance. While flood coverage is always excluded from a standard homeowners policy, the Woodlands Insurance Co. which is located in Woodlands, Texas is offering a Texas homeowners policy that includes flood insurance coverage to all households that qualify. The coverage can vary depending […]
This winter has been tough for many cities and states. Artic weather has led to record cold and snowfall in many places. Now that spring is on the way and the snow is starting to melt, the runoff could lead to flooding in many locations. If you are not protected by flood insurance, the cost […]
Recently, the Restoration Association of Florida (RAF) responded to two bills moving through the Florida Legislature that could affect the assignment of benefits (AOB) process. RAF stands in opposition to the bills (SB 122 and HB 7065), saying they fail to address the needs of both homeowners and contractors. RAF hosted a panel of attorneys, […]
The non-stop rains and massive flooding that was caused by Hurricane Florence is expected to take a major financial toll on homeowners that live in North Carolina and surrounding states due to the lack of flood insurance. Only a small percentage of homeowners in the area were carrying flood insurance that would help offset the […]
While cleaning up the mess at your home (assuming it is still standing) after a hurricane, tornado, wildfire or other natural disaster is always painful, there may be more agony lurking in the shadows. One of the major problems in the aftermath of a hurricane or wildfire is homeowners who were underinsured or did not […]