Homeowners insurance issues growing for many Sandy victims

Flood homeowners Insurance Rates raising homes

Following the devastation left behind by sandy, residents of the area now face another expensive choice. Thousands of homeowners insurance customers are now facing expensive choices beyond having to manage and pay for the repairs from the catastrophe that Superstorm Sandy left in its wake along coastal areas of the eastern United States. Many property owners are finding that they can’t afford any of the choices now in front of them. This homeowners insurance news isn’t entirely new to these residents, except for the fact that it is now coming…

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Homeowners insurance policy details will likely change due to Sandy

Homeowners flood Insurance

Many people may find that their premiums and their deductibles will rise because of the superstorm. The northeastern states were slammed by superstorm Sandy, generating a tremendous number of homeowners insurance claims, and have led experts in Delaware to predict that this will generate a number of changes to customer policies, including to the premiums they pay and the deductibles they face. The direct impact of the storm was only the first stage in the damage that it caused. Even though the damage faced by residents of Delaware led to…

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Homeowners insurance customers to receive assistance with Sandy claims

Homeowners flood Insurance

Officials in New York have changed the regulations to help ease the process and help victims. Homeowners insurance companies that are providing coverage to residents of New York whose homes were damaged by Hurricane Sandy will now be facing some different rules to help speed up claims processing. The new rules have to do with the acceptable forms of loss documentation. For claims relating to damage caused by superstorm Sandy in New York, homeowners insurance companies are now required to accept the documentation of the losses provided by the policyholders,…

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