many homeowners are waking up to the fact that their property is not covered through insurance when it comes to flood damage
Cleveland, OH (PRWEB) November 08, 2012
Restoration Local, one of the leading providers of water restoration service in the United States, is advising homeowners in flood prone areas to secure flood insurance in the aftermath of the most damaging storm to strike the US eastern seaboard.
Hurricane Sandy slammed into the northeastern United States almost two weeks ago, killing 80 people and causing billions of dollars in damage, much of which was due to storm related flooding. As if dealing with the devastation isn’t enough, many homeowners are waking up to the fact that their property is not covered through insurance when it comes to flood damage.
Most homeowners policies do not cover flood damage, and pretty much any type of water damage claim will be rejected if it can be determined that the problem was caused as a result of negligence on the part of the homeowner. The obvious result is that the repair costs for flooding are going to come out of the homeowners own pocket, something most people are not readily prepared for.
Fortunately, there is an option. Some insurance companies do offer flood coverage for an additional premium, and some flood prone areas may be eligible for federally backed flood insurance through the National Flood Insurance Program. The NFIP was founded in 1968 to provide a much needed insurance solution for homeowners living in high risk areas. Member communities work to bring their neighborhoods up to government standards in order to minimize the damage that may occur.
Property owners are advised to sit down with their insurance providers and go through their policy, determining what is covered and what isn’t, and make the necessary adjustments. It typically takes about 30 days for flood insurance to become active, so the sooner this is done the better. Hurricane Sandy vividly demonstrated that a lot can happen in just a couple of weeks.
Based in Cleveland OH, Restoration Local is one of the leading providers of water restoration service in the US, with contractors in 30 states and more being added every month. They are available 24/7 and all work is guaranteed.