Many of the homes destroyed by Hurricanes Rita and Katrina were ruined by deep water flooding which caused irreversible structural damage. Many people would assume that flooding caused by hurricanes would be something that insurance would cover, however many insurance companies have been rejecting these claims insisting that flood damage isn't covered in regular policies.
In addition, there have also been many emerging stories that are claiming that carriers have been lying and attempting to bribe their customers into signing waivers that would admit their homes were destroyed by flooding and not the hurricane. In other cases the insurance carriers were trying to claim the homes were destroyed by wind and not the water.
In any case many individuals have had their hurricane insurance claims rejected and have no option for recovery. If your claim has been rejected for dishonest reasons such as bad faith insurance practice, it is important that you contact an attorney to help settle your dispute.
Tags: towns and cities, billions of dollars, insurance, insurance companies, hurricanes, american soil, disasters, hurricane katrina, gulf coast, flood damage, rita, history of the united states, waivers, insurance carriers, deep water
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Source: http://www.articlealley.com/article_87010_18.html
Source: http://www.articlealley.com/article_87010_18.html
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