No Flood Insurance? You Still May Be Covered... - Mackoul Risk Solutions | Condominium and Co-op Insurance on Long Island, NY Skip to main content

No Flood Insurance? You Still May Be Covered…

By October 12, 2011 November 7th, 2019 General Updates

October 31st is the deadline to register for assistance from FEMA at www.DisasterAssisance.gov from losses due to Hurricane Irene or Tropical Storm Lee.

Are you a homeowner who suffered losses due to basement flooding during Hurricane Irene or Tropical Storm Lee?
You may want to lean a little closer and pay attention to today’s post.

FEMA may be able to cover your uninsured damage due to basement flooding as a result of Hurricane Irene and Tropical Storm Lee. According to FEMA, “In situations where families do not use their basement as an essential living space, FEMA’s ability to help with repairs to a basement may be limited. But, if there is a bedroom in the basement that is regularly occupied by a household member and there is no room available upstairs, the basement would likely be deemed an essential living space and therefore eligible for a grant to help with repairs.”

Upon visiting www.DisasterAssistance.gov, you can take an anonymous pre-screening questionnaire to see if you are eligible for assistance or apply for assistance immediately.

State and federal disaster officials encourage everyone with losses from Irene or Lee to register with FEMA in one of the ways listed below:

Multilingual registration assistance is available.

For damage not covered by insurance or a FEMA grant, the Small Business Administration (SBA) offers disaster loans up to $200,000 to repair the borrower’s home. Homeowners and renters can also use SBA loans to replace up to $40,000 of personal property. For more information and to complete a SBA loan application, call 1-800-659-2955.

We support FEMA in their mission to support citizens and first responders to ensure that as a nation we work together to build, sustain and improve our capability to prepare for, protect against, respond to, recover from, and mitigate all hazards.

Remember, to be insured against flood damage, you must purchase a policy separate from your homeowners insurance. Call our office to learn about how you can insure your home in the future.