When disaster strikes, like Hurricane Helene hitting Florida’s Gulf Coast, homeowners need to understand the distinction between federal flood insurance and state-regulated insurance policies. Many people are surprised to learn that flood damage, one of the most costly consequences of hurricanes, is not typically covered by standard homeowner’s insurance. Instead, flood damage falls under the National Flood Insurance Program (NFIP), which is federally regulated.
For over a decade, Elevate Legal Services, PLLC has successfully handled thousands of property damage insurance claims, helping homeowners and businesses recover the compensation they deserve. With extensive experience in navigating complex insurance policies, particularly under the National Flood Insurance Program (NFIP), our dedicated team has consistently fought for clients dealing with flood, storm, and other property damage. We understand the challenges faced after a disaster and are committed to providing expert guidance and personalized support through every step of the claims process. Elevate Legal Services, PLLC is here to guide you through every step of the process to make sure you get the compensation you deserve. Call us now at 561-770-3335 or email us at [email protected] for assistance.
What is the National Flood Insurance Program (NFIP)?
The National Flood Insurance Program (NFIP) was established by Congress in 1968 and is managed by FEMA (Federal Emergency Management Agency). Its purpose is to help homeowners, renters, and businesses recover from flood damage, which is generally excluded from standard homeowner’s insurance policies. The NFIP provides federally backed insurance policies specifically designed to cover losses from flooding, which includes damage from hurricanes like Helene.
How Federal Insurance Differs from State-Regulated Insurance
State-regulated homeowner’s insurance policies typically cover wind damage, fire, theft, and other common risks. However, flooding is not included in standard policies and must be covered by a separate federal flood insurance policy. Here’s how they differ:
- State-Regulated Policies: Governed by state laws, these policies often cover wind-related damage caused by hurricanes, such as roof destruction or wind-driven rain. However, they do not cover damage caused by rising water, which is the primary cause of flood damage during hurricanes.
- Federal Flood Insurance (NFIP): This insurance exclusively covers flood-related damage, which is defined as damage from rising water. Flood insurance through NFIP provides coverage for both the structure of your home and, in many cases, personal belongings that were damaged due to flooding.
Why Hurricane Helene Flood Damage is Covered by NFIP
When Hurricane Helene made landfall, it caused significant flooding along Florida’s Gulf Coast, with storm surges and rising water levels wreaking havoc on homes and businesses. This type of damage—caused by rising water—is exactly what NFIP policies are designed to cover.
Residents in affected areas, such as Fort Myers Beach, Clearwater, Steinhatchee, and others, who have federal flood insurance will be able to file claims for the damages caused by floodwaters. Wind damage, on the other hand, such as broken windows or damaged roofs, will likely be covered under state-regulated homeowner’s policies.
Steps to File a Flood Damage Claim Under NFIP
If your home was affected by Hurricane Helene flood damage and you have a federal flood insurance policy, it’s important to follow the right steps to file your claim. Here’s how you can ensure you get the compensation you deserve:
- Document the Damage: Take photos and videos of all the flood damage, including the interior, exterior, and any personal belongings affected.
- Submit a Proof of Loss: You must submit a detailed Proof of Loss to your insurance company within 60 days of the flood event.
- Contact Your Insurance Agent: Report the claim to your NFIP agent or insurance provider as soon as possible. They will send an adjuster to assess the damage.
- Work With Professionals: Hiring a legal expert like Elevate Legal Services, PLLC can help you navigate the complex claims process and ensure that all paperwork is properly filed.
Conclusion
Understanding the difference between federal flood insurance and state-regulated homeowner’s insurance is crucial, especially in the aftermath of a disaster like Hurricane Helene. While your state-regulated policy might cover wind damage, only federal insurance under NFIP will protect you from the financial consequences of flooding. Make sure you’re prepared by reviewing your insurance policies and contacting professionals for help.
For expert assistance with your flood damage claim, reach out to Elevate Legal Services, PLLC at 561-770-3335 or email [email protected]. We’ll ensure that your claim is handled correctly, so you can recover from Hurricane Helene as quickly as possible.
