Weekly Insurance Claim Summary: April 17 - 23
We take a look back on the destructive storms that tore through the Gulf Coast last week, and offer some insight to those who may have to file a claim with their insurance.
Past Week’s Storms
Houston is no stranger to heavy rainfall and flooding, but the storm that hit the area late Sunday night and early Monday created a deluge that left residents with the all too familiar trouble of dealing with the destruction and misery associated with the flooding.
The storm that had been anticipated for two days came in the cover of night, and by the time the sun had risen, residents of one of the most populated cities in Texas had to deal with flooded cars, homes, loss of power, submerged roads, and the fear for loved ones in the midst of traveling. Homes that had recently undergone reconstruction after the destructive Memorial Day flooding on 2015 had to once again contend with the devastating effects of the over foot and a half of rain some parts of the city experienced.
While the Memorial Day flood was destructive, the April storm was more widespread and resulted in the deaths of seven people. Experts estimate the damage to the Gulf Coast area to be upwards of $5 billion dollars; and could take months for some residents and businesses to get back on their feet.
Insurance Claims from Previous Destruction
Looking back on the Memorial Day flooding can offer some insights as to what some residents and businesses can do to start rebuilding after the April storm. According to the Houston Chronicle in an October article the Memorial Day storm exceeded the number of claims filed during 2005 Hurricane Rita’s destructive epoc. Over 13,702 claims were filed with the Texas Windstorm Insurance Association.
More than 2,500 homes and 70 office building were flooded, resulting in an estimated $200 million to $550 million in economic impact according to BBVA Compass economists.
Claims for Recent Storms
According to a recent Houston Press article, could experience further trouble in the form of increased insurance premiums, “Basically, the same people are filing claims for the second time,” insisted Peter Zografos, a Farmer’s Insurance agent, “ FEMA is increasing rates regardless. Some of these homeowners may have to be insured directly with the National Flood Insurance Program due to repetitive claims [and] basically will be charged more for too many flood claims.”
Of the more than 6,700 Harris County homes, which reside in one of the largest counties in the state, an astounding 3,514 of those homes flooded during the April’s flooding. Monday Farmer’s Insurance reported to have received more than 400 flood claims for homes and business in the area, and the number is expected to grow.
Mark Hanna, a spokesman for the Insurance Council of Texas says it could take time for clients to hear back from their providers. In any case, Hanna advises to act quickly, “You have a lot of people who are all in bad shape at one time. The quicker you can call in--the quicker someone’s going to be able to reach you.”
New Storms Likely this week in Texas
To add to the misery Texas residents must be feeling, a new storm is threatening the area with destructive tornadoes and hail. According to The Weather Channel, concern are high for the Tuesday and the rest of the week as severe storms flair up in the plains area.
Affected areas include the central plains area of the United States (Oklahoma, Kansas, Nebraska, Missouri and Arkansas) and parts of Texas.
NOAA (National Oceanic Atmospheric Administration) has issued Hazerdous Weather Outlooks.
OVERALL THE DETAILS AND THREATS CONCERNING TODAY AND TONIGHT`S SEVERE WEATHER EVENT HAVE NOT CHANGED. THE LATEST DAY 1 SPC OUTLOOK HAS UPGRADED A LARGE PART OF THE REGION TO A MODERATE RISK CATEGORY WHICH IS DUE TO AN INCREASED THREAT FOR LARGE HAIL AND DAMAGING WINDS. THERE ALSO REMAINS A THREAT FOR TORNADOES...IN PARTICULAR WITH THE INITIAL STORMS THAT DEVELOP THIS AFTERNOON AND EVENING.
THERE IS A MODERATE RISK FOR SEVERE WEATHER TUESDAY. LARGE HAIL, DAMAGING WINDS AND TORNADOES ARE LIKELY. MAKE SURE YOU HAVE A SEVERE WEATHER SAFETY PLAN AND STAY TUNED FOR UPDATES.
North Texas is expected to take the brunt of the storm, and considering a the recent tornadoes that left the area devastated. Residents, like those in Houston, can be set to experience similar deja vu.
The Voss Law Firm
Our team of dedicated and experienced legal professionals assist individuals who have experienced the damaging effects of fire, wind, hail and most especially flooding after their insurance providers have denied their claim. If you are a residential owner who finds themselves denied by your insurance company, contact us today so we can fight for your much needed claim. For business owners seeking litigation for denial from your insurance provider, contact our experienced team to start your fight off right.