Federal Emergency Management Agency’s (FEMA) National Flood Insurance Program (NFIP) has started reviewing the flood insurance claims of hurricane Sandy victims.
The step was taken following allegations of fraud involving the way some insurance companies assessed flood damage. However, Insurers have denied any wrongdoing.
Nearly 1,000 superstorm Sandy victims have registered to have their flood insurance claims reviewed in the first week.
The step was taken following allegations of fraud involving the way some insurance companies assessed flood damage. However, Insurers have denied any wrongdoing.
Nearly 1,000 superstorm Sandy victims have registered to have their flood insurance claims reviewed in the first week.
Flood insurance is a vital service that protects Americans from the most common and costly disaster we face, and those who purchase insurance must be able to count on it being there when it is needed to help rebuild their lives, FEMA said.
The National Flood Insurance Program has agreed to review up to 142,000 claims filed by storm victims. A letter will be sent to approximately 142,000 NFIP policyholders who filed flood insurance claims.
Once you submit a request, Agency will take less than 90 days to complete the flood insurance review.
Hurricane Sandy was the deadliest and most destructive hurricane of the 2012 Atlantic hurricane season.