Entries from Consumer Insurance Blog tagged with 'floods'

Consumer alert: don't buy a flood-damaged car

In the recent "200 year event" flooding in Rhode Island, hundreds if not thousands of cars were submerged in flood waters. Can those cars be salvaged? Probably not, according to experts. The National Insurance Crime Bureau (NICB) defines a...

Flood recovery resources and insurance issues in the aftermath of New England flooding

New England is still recovering from the record Northeast flooding. If you missed it, you can view the scope of the damage in this gallery of dramatic Northeast flood photos. Now, it's time to move forward. We've gathered various recovery...

Does homeowners insurance cover a flooded basement?

Here's a question thousands of homeowners and renters will be asking now that the recent heavy rains are abating: Will insurance cover the water damage in my basement? Unfortunately for most the answer is "probably not." Standard Homeowners' insurance does...

National Flood Insurance Program has been extended

The U.S. National Flood Insurance Program (NFIP), which was due to expire in two months, has been extended for six months under a bill approved by the House of Representatives. This will extend the program until March 31, 2010. Congress...

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