RAL: I used to work a lot of flood and really never had this come up. Flood is corrupt and does routinely overpay, but it is on all claams not just claims that share wind damage. The “discounts” provided for getting the WYO flood contracts and the incompetence in “flood only” adjusters is obscene.
I know this to be a fact that SF did it, I saw estimates that allowed more per sf on the flood portion then on the wind. Sheetrock is sheetrock, regardless of how it was damaged, but wind or flood!
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If they would really look into this, many other insurance companies did this!
RAL: I used to work a lot of flood and really never had this come up. Flood is corrupt and does routinely overpay, but it is on all claams not just claims that share wind damage. The “discounts” provided for getting the WYO flood contracts and the incompetence in “flood only” adjusters is obscene.
I know this to be a fact that SF did it, I saw estimates that allowed more per sf on the flood portion then on the wind. Sheetrock is sheetrock, regardless of how it was damaged, but wind or flood!
Can anyone say Fraud?? No laws