Call Us (918) 341-2196 ☰ ˟
Logo
Call Us (918) 341-2196 to get your personalized insurance quote
  • Main Menu
    • Home Page
    • Employee Directory
    • Refer a Friend
    • Join Our Newsletter
    • Insurance Glossary
    • Important Links
    • Location Map
    • Contact Us
    • About Us
    • Privacy Policy
  • VFIS
    • VFIS of Oklahoma
    • VFISHRHelp.com
    • Training
  • Emergency Services
    • Oklahoma Volunteer Fire Department Insurance
    • Oklahoma Firefighters Accident and Sickness Insurance
    • Oklahoma Ambulance Insurance
    • Oklahoma Fire Department and Ambulance Insurance
  • Oklahoma Rural Water
  • Health Insurance
    • Health
    • Oklahoma Health Insurance Exchange
    • Blue Cross Blue Shield of Oklahoma
  • Our Communities
    • Catoosa Insurance - Home, Auto, Health, Commercial
    • Claremore Insurance - Home, Auto, Health, Commercial
    • Owasso Insurance - Home, Auto, Health, Commercial
    • Pryor Insurance - Home, Auto, Health, Commercial
    • Verdigris Insurance - Home, Auto, Health, Commercial
  • Blog
  • Contact Us
    • Employee Directory
    • Contact Us
    • About Us
Home > Blog > Hurricane Sandy Insurance Claims
THURSDAY, NOVEMBER 1, 2012

Hurricane Sandy Insurance Claims

Hurricane Sandy has passed and left destruction for insurance claims to be filed. 

Sandy is estimated to have caused $20 billion in damage as it tore through the east coast, but what does that mean to the average person filings a claim?

Most of the damage from Sandy is from flooding, its common that most policies will not cover flooding. Understand an insurance policy can be very difficult even for a seasoned insurance agent. For example flooding might be covered if its determined the cause of damage was first another covered peril.

Make sure to contact an independent insurance agency not a direct writer that can only sell you one companies insurnace product.


Is my property covered?

Wind

During a hurricane, there are often separate deductibles for high force winds. The deductibles are often expensive and can be up to 5 percent of the home's insured value, according to HLN.

Fallen Trees

Most policies cover damage caused by wind and will cover flooding caused by a tree crashing into the roof, according to USA Today.

Flooding

Most home insurance policies do not cover flooding. Flood insurance usually has to be purchased separately, according to Farmers.com. 

Flooding At Shorelines
Mortgage lenders usually force homeowners living near shorelines to have federal flood insurance, according to Reuters. So you're likely covered if you don't own your home outright and you live near a shoreline.

Federal Disaster Areas
Even when a federal disaster area is declared, assistance comes in the form of loans that often have to be repaid, according to the Washington Post.
Anti-Concurrent Causation Clauses
Many insurance policies do not cover damage caused my multiple sources, like wind and flooding, according to Reuters.
Cars
Generally, damage to cars caused by falling trees and flooding is only covered by comprehensive insurance, not by liability insurance, according to Fox Business.
Renters
Renters often have to pay separately for flood insurance, according to Smart Money.






Posted 1:35 AM

Tags: hurricane sandy, insurance, insurance claims, flooding, water damage, fema, federal disaster area
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2016
  • 2013
  • 2012

  • insurance(15)
  • claremore(13)
  • oklahoma(13)
  • tulsa(7)
  • ok(4)
  • health(4)
  • burrows agency(3)
  • the burrows agency(3)
  • owasso(3)
  • commercial(3)
  • auto(3)
  • home(2)
  • ambulance(2)
  • earthquake(2)
  • vfis(2)
  • kansas(2)
  • rogers county(2)
  • catoosa(2)
  • commercial insurance(2)
  • flood(2)
  • auto insurance(2)
  • claremore insurance(2)
  • coverage(2)
  • blue cross blue shield of oklahoma(2)
  • business owners policy(2)
  • emergency service insurance(1)
  • burrows agency insurance(1)
  • oklahoma insurance(1)
  • oklahoma ambulance service(1)
  • business(1)
  • commercial auto(1)
  • flooding(1)
  • emergency service(1)
  • medical(1)
  • flood insurance claremore(1)
  • broken arrow(1)
  • ems insurance(1)
  • allstate(1)
  • hired(1)
  • tulsa auto insurance(1)
  • the burrows agency insurance(1)
  • do i need insurance(1)
  • arkansas(1)
  • dave burrows(1)
  • firefighter(1)
  • weather(1)
  • gun liability(1)
  • arkansas ambulance insurance(1)
  • bodily injury(1)
  • professional liability(1)

View Mobile Version
Contact us
(918) 341-2196 307 W. Patti Page Blvd. | Claremore, OK 74017
Quick Links
Home Our Products Customer Service Payment Options Report a Claim About Us Our Carriers Blog Contact Us
Location
307 W. Patti Page Blvd
Claremore, OK 74017
P: (918) 341-2196
F: (918) 341-9699



Twitter Icon Facebook Icon LinkedIn Icon Google Icon Yelp Icon YouTube Icon Instagram Icon


© Copyright. All rights reserved.
Powered by Insurance Website Builder