Posted On: June 11, 2005, 8:35 pm CDT

Posted By: gao

The Flood Policy is the same for everyone except for total coverage, deductable, and personal property coverage. It's posted on the NFIP web site. The copy we get from our WYO is that exact policy with their name on the front page.

I've read mine. The policy says "We insure you against all DIRECT PHYSICAL LOSS BY OR FROM FLOOD to the insured property". Under Coverage A - Building Property - "We cover your dwelling which includes - 2. Materials and supplies to be used in the constructing, altering or repairing the dwelling".

When the adjuster comes out, we are told that they only cover replacing 4 ft up of the drywall, and will only pay to paint that 4 ft. Is it right, in a replacement cost policy to leave the wall with a line going around the room 4 ft high, and a two tone paint job ???

There are many things that are not spelled out in the policy , that a policy owner is unaware of, until a loss. This isn't right and has to be changed.

Unfortunately it had to come to a lawsuit, it was a very difficult decision to file the suit. These have been very stressful times. If they had just paid me what my contractor estimated the work to be originally I would have been satisfied. Of course in the end it did cost more than that.
My first adjuster flat out told me not to file an ICC, even though I told him I already had the substantial damage letter from the county.

How the policies are written and given to the policy owners, and how they are adjusted are not equal.