What to Know About Flood Damage Claims in New York
If your property has been damaged due to no fault of your own, you are likely hoping that your insurance policy will cover the damage. However, in some cases, insurance companies will do everything in their power to deny you to compensation you deserve. To learn more about having property destroyed due to weather-related damages such as flood damage, continue reading and speak with our New York residential flood damages insurance attorneys. Here are some questions you may have regarding flood insurance and flood damage claims in New York:
How do I know if my policy covers flood damage?
It is the unfortunate reality that your insurance policy likely does not cover flood damage. Some policies may cover certain types of water damage, though they will likely do everything in their power to argue that your damage is flood damage so that they do not have to pay. This is why it is crucial that you retain the services of an experienced insurance attorney who will fight these insurance companies to prove that your case does qualify.
Your insurance policy may cover the following examples of water damage:
- The damage was caused by rain.
- Water damage that can be proven that was not flood-related.
- The language in the policy is vague or unfair, warranting the right to obtain coverage.
- Having a surplus lines excess policy.
To attain the compensation you deserve, reach out to our New York property damage attorneys who will walk with you through each step of the legal process ahead. Our team is prepared to assist you when you need us.
What is the National Flood Insurance Program?
An individual can purchase additional insurance if their standard policy does not cover flood damage known as The National Flood Insurance Program. If an individual has a federally-backed mortgage in New York City, they can purchase flood insurance for up to $250,000 in damages to their homes or garages.
If you require assistance following property damage due to flood damage, it is important that you retain the services of an experienced attorney. If you have any additional questions, give our firm a call today to discover more about our services and how we can assist you and your specific circumstances.
Contact our experienced New York City firm
The Law Office of Craig A. Blumberg is an experienced New York City insurance law firm. If you require quality assistance after having suffered a property loss due to a fire, a flood, a severe storm or a robbery, please do not hesitate to contact our firm to schedule a free initial consultation. A knowledgeable attorney on your side in your time of need can make all the difference.