What to do if you Don’t have Flood Insurance and have Damage in Nashville
What to do if you Don’t have Flood Insurance and have Damage in Nashville?
Many of the folks suffering the most damage and anguish from our Nashville Flood did not have flood insurance. In Many cases the Federal Emergency Management Administration ( FEMA) had not acknowledged that their homes were in a flood plain. Often these flood plains are identified as being a 50 year , 100 year or even 500 year flood plain. This of course means that the odds are that a flood could occur once in 50 years, 100 years or 500 years.
However; the Army Corps of Engineers has already designated the Nashville Flood as being a “once in 1,000 year event!”.
So how could home owners have known?
Add to this that flood insurance is ONLY available to those who live i designated flood plains and you get the idea. Nashville homeowners were in the dark.
So what do you do if you didn’t have insurance but you have flood damage?
First: Don’t lose heart. The Federal Government will be designating Nashville as disaster area soon. When that happens, federal funds will be made available to homeowners on a case by case basis. Usually this will be in the form of low cost, low interest loans to help repair the damage.
Second: Document everything! Take pictures, write it all down. You may need this information to qualify. Make a video and store it in a safe place.
Third: Keep any and all receipts! Home depot, Veterinarian bills, food, anything and everything. If it’s money you’re spending because of the damage to your home, you must have a record of it.
Fourth: Watch the FEMA website at http://www.fema.gov/. You will be able to apply there on line for disaster assistance. here is their other contact information.
If you have anyspecial questions, call Jim at 615-347-4424.
We’re here to help.
May 27th, 2010 at 7:48 am
Actually, the 100 year flood plain designation means that there is a 1% chance of flooding in any given year. 500 year flood plain is 0.2% chance, etc.
“The 100-year flood is more accurately referred to as the 1% annual exceedance probability flood, since it is a flood that has a 1% chance of being equaled or exceeded in any single year.”
November 24th, 2011 at 1:48 am
Hey There. I discovered your weblog the use of msn. That is a very smartly written article. I’ll make sure to bookmark it and come back to read more of your helpful information. Thank you for the post. I will definitely comeback.