BATON ROUGE, LA – January 22, 2012 – (RealEstateRama) — Louisiana property owners with flood insurance policies whose homes or other structures were damaged during Hurricane Isaac have an additional 30 days to file claims for their flood-related losses. This means most policyholders have until Feb. 21 to complete their proof of loss.
The National Flood Insurance Program (NFIP) usually requires claims to be reported within 60 days from the date of loss. Three extensions have been granted, however, because access to NFIP-insured homes and other buildings was delayed due to infrastructure damage and high floodwaters. The Federal Emergency Management Agency (FEMA) administers the program.
With the latest 30-day extension on flood insurance claims, Louisianians have 180 days from the date of their insured loss to submit a claim, known as proof of loss. Hurricane Isaac first made landfall in Louisiana on Aug. 28, 2012, with heavy rainfall and flooding occurring within several days before and after it hit. For this reason the date of loss varies for property owners.
“Many Isaac survivors continue to gather information that will help adjusters determine their flood insurance loss,” said Federal Coordinating Officer Gerard M. Stolar of FEMA. “However, we urge folks who haven’t yet filed their proof of loss to do so as soon as possible.”
Failure to submit the proof of loss could cause policyholders to miss out on benefits from their flood insurance policy, NFIP specialists said.
Since Isaac made landfall, the NFIP has paid out more than $416 million on 13,159 claims in Louisiana.
Policyholders with questions about flood insurance or concerns about their claims may contact their local insurance agent, call FEMA program experts at 1-866-331-1679 or 1-866-330-7286, or visit www.floodsmart.gov.
More information on Louisiana disaster recovery is available online at www.fema.gov/disaster/4080 or www.gohsep.la.gov. FEMA is also on Twitter at twitter.com/femaregion6 and on Facebook at www.facebook.com/FEMA.