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fareplay
Texas A&M Fan
Member since Nov 2012
1844 posts

OT home insurance experts
My parents house in port lavaca confirmed heavy wind and flood damage. How is dealing with insurance regarding these items? They have wind and flood insurance, are they good to go? How long are repairs? Should they stay or go while repairs occur?

Thanks


Politiceaux
LSU Fan
Member since Feb 2009
17278 posts

re: OT home insurance experts
They'll eventually be fine. Hopefully it doesn't require litigation. My parents had both with State Farm. House was just a slab after Rita. Homeowners adjuster said it was water that took the house, flood adjuster said it was wind. Unfortunately it took a lawsuit before they paid anything.

ETA: they should make arrangements to live elsewhere in the interim if possible. I can't imagine how long repairs might take with destruction this widespread. Please impress upon them the importance of being careful who they hire - storms bring tons of scammers.
This post was edited on 8/28 at 11:33 am


nugget
LSU Fan
Member since Dec 2009
5866 posts

re: OT home insurance experts
If they have an ho3, their expenses for leaving will be covered if the house can't be occupied because of a converted peril


Boudreaux35
BR
Member since Sep 2007
13582 posts

re: OT home insurance experts
Insurance claims will take at least 3 months to process. If they have money to cover the repairs, I suggest getting a contractor on board ASAP because if you wait, you will get put way down the list.

Repairs take way longer than you think. Expect 6 months minimum before completion as the absolute best scenario.


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11
wickowick
LSU Fan
Head of Island
Member since Dec 2006
35082 posts

re: OT home insurance experts
quote:

If they have an ho3, their expenses for leaving will be covered if the house can't be occupied because of a converted peril


It depends on what made the home unlivable. Flood is FEMA and does not cover additional living expenses.


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Weekend Warrior79
LSU Fan
River Ridge
Member since Aug 2014
1963 posts

re: OT home insurance experts
As others have indicated the biggest issue they will have to deal with is neither insurance adjuster will want to take fault and will try to put in on the other insurance. This will cause a lot of stress for your parents and as someone else mentioned may require a lawsuit.

When getting a contractor involved, tell them to do their homework. DO NOT use a contractor that requires a substantial down payment. Depending on the scope, many may require 25% down to cover materials. That is pretty standard. Also, I would only work with local companies; they are less likely to take the money & run, and if they do something wrong/improperly they will be around a few years later to correct it.

TX Secretary of Sate requires you to pay to see details on businesses (I believe $1 per click), but to be safe I wouldn't use a company that is not listed. Also, make sure to check insurance & bonds; have them verify the companies through their insurance adjusters.


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Supermoto Tiger
LSU Fan
Baton Rouge
Member since Dec 2010
4711 posts

re: OT home insurance experts
quote:

flood adjuster said it was wind. Unfortunately it took a lawsuit before they paid anything.

frickers. Insurance companies suck.


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10
Bmath
LSU Fan
LA
Member since Aug 2010
15297 posts

re: OT home insurance experts
1) Materials are going to be harder to come by than people willing to do the work
2) Background check your contractors
3) Before dealing with the insurance adjustors research common underpayment tactics
4) Document everything that was damaged and keep ALL receipts


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TaderSalad
LSU Fan
mudbug territory
Member since Jul 2014
7465 posts

re: OT home insurance experts
quote:

State Farm



Literally the worst when it comes to covering storm damage. I deal with them alot and they are terrible. Hope they go out of business.


Hussss
Auburn Fan
Jackson, TN
Member since Oct 2016
1462 posts

re: OT home insurance experts
They sure made both sides of my wife's family whole in no time flat after Katrina. Maybe they are tighter now.


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