FEMA flood insurance coverage
is all however nugatory
Editor:
My spouse and I’ve been Florida residents for greater than 23 years.
Though we owned our home outright we nonetheless paid for flood insurance coverage from FEMA each a kind of 23 years. Our home, like these of lots of our neighbors, suffered extreme storm-surge associated injury from Hurricane Ian on September 28, 2022. The preliminary flood injury estimate for my home was over $130,000. This didn’t embody substantial home contents loss owing to flooding.
In October 2022 we utilized for and acquired a FEMA advance of $20,000 as a way to get repairs going. It turned out that so long as we offered our contractor with funds repairs moved alongside. Repairs then slowed down till we offered the contractor with extra funds to get issues transferring once more.
After two months we moved again into our home in the course of December when flood injury repairs have been sufficiently accomplished.
We put nicely over $100,000 of our personal financial savings and investments into getting our home repaired. And, due to cash-flow issues, we have not been capable of begin repairs on substantial wind damages to our home. Within the meantime we’ve got acquired not one extra U.S. greenback from FEMA to compensate us for our flood-related bills. It is nearly as if we had no flood insurance coverage in any respect.
Jose Sanchez
Englewood
