“First of all, home insurance – the standard home insurance policy will not cover a flood. But the National Flood Insurance Program, administered by FEMA, does provide flood insurance, if you chose to purchase it. Most states have claims settlement laws. In terms of such a catastrophe, it would take It takes longer to process them all because there is the process of giving notice and a lot of claims to process. But insurance companies are prepared to deal with disasters like this and it is typical to have catastrophe teams on site in the state. In fact, the Florida Department of Finance is setting up what they call ‘Insurance’ so that the insurers are available and can be found easily”
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“We’re trying to get all the insurers in one place, so that insurance customers and claimants have somewhere to go and they can talk to their insurers. And certainly all people who have damage should contact their insurance agent, and if not their agent, their carrier, as soon as they can. They don’t You have to wait to go to the insurance islands, to talk directly to the insurers, but they can certainly make the phone call and I recommend that they do that,” added Gibson.