Flood Insurance
- “I own a home in Oregon and for the last five years, each time we get a lot of rain, the basement leaks. I have called my insurance company each and every time only to be told it was a flood and I don't have flood insurance. I've paid for a French drain, paid twice to have the carpeting replaced and I had the entire downstairs drywall torn out, the walls sealed, paint molding, etc. I have a friend who is an insurance agent in another state and she says my insurance should have covered the damage to my finished basement as it is ground saturation, not flood. Is my friend right? Do I need flood insurance? ”
- “My brother-in-law had water and sewage back up into his finished basement. When he called his homeowners insurance company, he was told water damage was not covered. He ended up having to pay for the clean up himself and he has a lot of damage. Shouldn't this have been paid for by his insurance company? ”
