Flood Ebbs, Insurance Woes Don’t The mayor of Hoboken, N.J., isn’t the only one complaining that her Hurricane Sandy relief money has been held hostage. Some homeowners whose properties were damaged by the storm would say the same about their flood insurance carriers: More than a year after the hurricane struck the East Coast, there […]
Help for Some Sandy Victims
Originally published in The New York Times By LISA PREVOST Published: October 31, 2013 A temporary change in a federal loan program for the rehabilitation and repair of houses may provide a new option for financing repairs to homes damaged a year ago by Hurricane Sandy. The Federal Housing Administration’s 203(k) loan program covers purchase […]
Reconsidering Flood Insurance After Hurricane Sandy
Reconsidering Flood Insurance By SUSAN STELLIN IN the aftermath of Hurricane Sandy, homeowners and renters who have insurance are discovering what it covers — and what it doesn’t — while those with minimal or no insurance may be recalculating their risks. Phil Marden As images of waterlogged houses continue to dominate the news, the biggest […]