Reader Mail: Flood Insurance
Yes, the word “flood” has been used quite substantially over the past few days. Doesn’t mean we should still talk about it.
Here reader “chacha17” has a question for the rest of you regarding flood insurance.
Is there a way you can post something in regards to the flood insurance policies that every homeowner’s mortgage company makes you (or your building) purchase? It is my understanding that even if you were to file a claim, it would be rejected because what we had was not classified as flood from the rain, but rather a result of the poor sewage system in Hoboken. We can’t blame this “SCAM” entirely on City Hall, but rather the federal government, as this is a federal program.
Did anyone out there file any claims yet? And if so, what kind of response were they given?