CHECK YOUR HOMEOWNERS INSURANCE POLICY

Date: August 10, 2007

Does your homeowner’s insurance policy cover damages caused by flooding?  You should be aware of the answer to this question before a potential disaster strikes.  Don’t end up like so many of the victims of Hurricane Katrina who are faced with the disastrous problem of not having any insurance coverage to reimburse them for the damages they suffered to their homes and personal belongings.

In New Orleans, much of the damage was caused by the levees failing, not directly from the rain and wind of the Hurricane.  Several lawsuits were filed on behalf of victims of the levee flooding against their homeowner’s insurance companies.  Unfortunately, a Federal Court in Louisiana has ruled the insurance companies do not have to pay any claims because the policies provide a clear exemption of coverage for damages caused by flooding.  The victims will be appealing this decision.

If you reside in an area which could be flooded if a dam or a levee fails, your damages will only be covered if you have flood insurance.  Check your insurance policy for this coverage before a tragedy occurs.  Contact your insurance agent to confirm you have it and/or to obtain this coverage if you do not currently have it.

If you have any questions regarding your insurance policies or coverages, contact the DLP of Pennsylvania Personal Injury Attorneys for a free consultation.

John P. Finnerty, Esq.

Joe Price
Attorney Joe Price is a seasoned Trial Lawyer serving Northeast, Central and Southeast Pennsylvania for the past forty (40) years. He has handled serious personal injury cases in courts throughout the Federal system including New Jersey and New York. Attorney Price is A.V. Rated by Martindale Hubble. He is Board Certified in Civil Practice by the National Board of Trial Advocacy since 1996.