FLOOD
In the insurance world, FLOOD has a very specific meaning and the damage it can cause is NOT COVERED under a typical homeowner’s or business owner’s insurance policy. Typically, the first $250,000 to $500,000 in coverage is offered by the Federal Government in a separate policy offered through FEMA. The NFIP (National Flood Insurance Program) has very specific guidelines for coverage and can differ greatly from other coverage types.
Superstorm Sandy hit the shores of New Jersey and New York and three years later there were still thousands of people battling the insurance carriers for more money. From smaller claims for homeowners to larger claims for condominium associations, we have a vast knowledge and background in settling claims with the FEMA policy and know how to maneuver through the claims process all in an effort to maximize your settlement and protect your interest.
There are many other perils that your policy may cover. Damage from vandalism, theft, hail, lightning, collapse, mold, falling objects and several others... many policies are written in such a way that you are covered for any damage as long as it is not specifically excluded in your policy.
