FEMA brings no calm after the storms

Superstorm Sandy might have moved on, but it left quite a stir in its wake on the flood insurance front.

First, FEMA (Federal Emergency Management Association) through its NFIP (National Flood Insurance Program), is offering a review for policy holders who believes that they were underpaid on flood insurance claims related to krijgt Superstorm Sandy. If you fall into this category, you have 90 days to submit a Hockey request to FEMA at www.fema.gov/hurricane-sandy. Once you create a file, a case manager will be assigned to Sunnuntailaskut your case and review your claim.

Sandy is not the only one challenging FEMA, Texas and cegata Oklahoma have just experienced flood disasters. These disasters are heightening our awareness of the Mother Nature’s potential as media coverage increases their immediacy which in turn increases the fears of homeowners and insurance companies alike. It stands to reason that in time, all mortgaged homes will be required to carry flood insurance, even those not in a designated flood zone. Further, FEMA’s debts are increasing with each disaster. The agency is needs revenue to offset this debt and is creating it through mandated increases in homeowner policy coverage. This will yield a continuation of the 18% annual rate increases for flood policy holders, as FEMA looks for added wholesale jerseys revenue to fill the void.