Texas Gov. Rick Perry wants the federal government to waive or extend for 180 days the deadline for filing proof of loss requirements for flood insurance policyholders whose homes were damaged by Hurricane Ike.
The Federal Emergency Management granted an extension of the 60-day proof of loss deadline. Currently policyholders are required to file proof of loss by March 12. But Perry said that’s unrealistic because of the extent of the damage.
Many coastal homes were flooded with several feet of water during the September hurricane.
Several factors have led to delays in proof of loss submissions. There’s been a shortage of insurance adjusters because there was so much flooding. And some damage won’t be fully known until walls are torn down and sheetrock and flooring are removed.
Was this article valuable?
Here are more articles you may enjoy.
Stellantis Weighs Using China EV Tech for Affordable Cars
Claims Handling Breakdowns From LA Wildfires One Year on
AIG’s Zaffino: Outcomes From AI Use Went From ‘Aspirational’ to ‘Beyond Expectations’
Carriers See Higher Claims Severity Amid Medical, Social Inflation and Growth in AI‑Generated Fraud