Houzz Logo Print
chisue

Re: Hurricane Ian. After the Storm.

4 years ago

Yesterday I heard a spokesman for the insurance industry interviewed on WGN radio. He said that few Floridians are insured for flood damage, largely because that insurance is so expensive. There was some discussion about whether damages claimed were due to flooding or wind -- wind being covered under most policies. (Water comes in after wind has damaged the house.)


He also said that only 18 percent of owners of 'trailer' homes (anywhere in the US) carry any home insurance. If I heard correctly, he also said that FEMA's benefits are usually in the $10-15,000 range.


WOW! How does this shake out for victims of Ian?



Comments (22)

Sponsored
CHC & Family Developments
Average rating: 5 out of 5 stars6 Reviews
Industry Leading General Contractors in Franklin County, Ohio