Of all the possible disasters that can damage a home, floods are the least predictable in terms of the damage that they may cause. Some homeowners are able to salvage their homes even if they have to dispose of some furniture, appliances, and items such as carpeting and curtains. Other homeowners find themselves faced with tens and even hundreds of thousands of dollars in repairs. Even then, mold may still develop behind walls and in other places where water damage cannot easily be seen.
Unfortunately, many people do not realize that their homeowner’s insurance will not cover flood damage until it’s too late. While some of these homeowners may qualify for disaster relief assistance or a bank loan, these sources of cash often fall short of the actual costs of making a badly damaged home safe, sanitary, and functional once again.
Have you been displaced from your home due to flood damage? Is your home now structurally compromised, overtaken by mold, or otherwise unsafe to occupy? If so, it is important that you understand your rights and options as the owner of a flood-damaged home.