Flood-wracked southern Louisiana now faces a long-term challenge of how to house thousands of displaced people. The catastrophic events of the Louisiana Floods has caught thousands of people unprepared. Even though the water is receding in some areas, it is rising in other communities, sending people to nearby shelters for safety. Business owners and residents repeatedly noted that people in many areas still underwater weren’t considered to be in a high-risk flooding area, and mortgage lenders didn’t require them to carry Louisiana flood insurance.
According to insurance commissioner Jim Donelon, only 12 percent of residences in hard-hit Baton Rouge and 14 percent of homes in Lafayette were covered by flood insurance.
Without flood insurance, homeowners are more likely to drain savings accounts and rely on federal disaster programs to repair and rebuild. For this reason, it’s important to contact an experienced attorney who can help you by:
- Initiating the claims process with your insurance company if you haven’t already done so;
- Selecting a public adjuster to work with you through the appraisal process;
- Handling all property damage claims;
- Negotiating with your insurance company on your behalf;
- Evaluating your insurance policy to determine the coverage available to you;
- Settling your claim or litigate, if necessary, to recover the maximum amount of compensation to which you may be entitled.
Contact an Attorney for More Information
If you need assistance with construction law-related issues pertaining to home flooding, contact the Smiley Law Firm today at (504) 517-0359 for more information. The process surrounding flood damage to residential or commercial properties can be complex and confusing, but our team can help you navigate the way. While no amount of financial compensation can help to bring back your cherished possessions or beloved home, monetary damages will allow you to rebuild your life and focus on what matters most – healing.