re: Flood insurance doesn't cover back water flooding?

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It's going to get dicey with these mother frickers. They will do whatever it takes to not have to pay out. The wind-driven water debate after Katrina lasted for years.

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No it won't, if you have flood insurance, there is zero confusion about what happened here. If you have your flood through a reputable insurer, I suspect there will be much less pain for this than for Katrina. State Farm got my flood claim after Katrina done pretty fast but it may take the companies a little more time to get people mobilized for this one. After Katrina, we had like 6 weeks before we could even get to our houses so there was going to be a predictable demand for adjusters at that time.

I'm not the one that expects insurance companies to act as non-profits.

Insurance is a crazy business, and if they didn't exist pretty much as they do (do their damndest to pay only exactly what they have to), then they either wouldn't exist at all or the rates would be such that only wealthy people could afford them.

Expecting an insurance company to be charitable is irrational.

As to my original point, modern home insurance didn't exist until 1950, so you tell me why everyone has to have it now.

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not sure why you are quick to jump down insurance companies neck right now when its highly likely OP is confused about something very simple.

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Could be, but make no mistake: the exact business model of insurance companies is to collect premia and then find a way to pay out as little as possible.

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Expecting an insurance company to be charitable is irrational.

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I agree

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As to my original point, modern home insurance didn't exist until 1950, so you tell me why everyone has to have it now.

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You're only off by a couple hundred years. Other than that, I agree with everything you've said.

Backwater flooding is a rising water event, which is exactly what flood insurance is for.

Everyone I know that went through Katrina, that had a flood claim, had absolutely no issues with getting their claim through. It took a while just because of the sheer amount of claims, and sure, paperwork was lost, etc etc. General bureaucratic foolishness. But provided you documented everything, and weren't trying to pull a fast one (i.e. you have a foot of water, and tore down 8 feet of drywall) there were no issues.

Everyone I know that had wind/rain claims, pretty much had a nightmare and had to fight for every dollar.

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Adjuster came in and low balled us on price to repair

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Sounds like you either had a bad adjuster or an overpriced contractor. Property Damage is typically the easiest thing for adjusters to do because all they have to do it input the damaged info into their system and it calculates the report & award amount. Things routinely get overlooked because they cannot assess what they cannot see; but most Property adjusters are pretty straight forward.

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They assume all the risk. The only thing the insurance companies do is write and maintain the policies

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They make a TON of money servicing and maintaining the polices. There where some pieces done after Sandy that showed the insurance industry was low balling claims because they are worried congress was going to change federal flood insurance if they kept having to make massive payouts.

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Flood insurance doesn't cover back water flooding? by SmallsThat's what I was told. Is that accurate?

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Who told you this?


Seems the op bailed....maybe just wanted to stir things up.

To answer the question... National Flood Insurance covers flooding. Front water ,back water, side water.

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his is flawed logic.

Airplanes did not exist before they existed, cars didn't exist before they existed, and trains did not exist before they existed - and they all beat the shite out of walking from place to place

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Lol it may very well be flawed as I just thought it up five minutes ago, but it's far less flawed than what you're saying. Humans have always needed shelter. Only recently have we had insurance for it.

And I'm not saying we should go back to a time before we had home insurance or that it's invention was a bad thing. Our shelters are way nicer than they would be without insurance and way more expensive than what we need, because we can get insurance.
We could all live in shacks and caves, couldn't we? I don't want to, but I could, which means what. Why do we live in such luxury? Because we are greedy. And it makes us need insurance companies.
So I hope that if I ever need my insurance company to go beyond what they are contractually required to do, I am able to maintain some perspective.

I am in no way blaming people for being distraught in the aftermath of their disasters.
Now downvote away

Insurance is built to harp on exclusions and definitions and frick the insured every way it can especially in times like tgisy

Many of us learned that a few years ago.

I expect the lawsuits to be filed soon