Keyword Analysis & Research: flood insurance claims

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How long should a flood insurance claim take?

FEMA's guideline for delivering an estimate of damage to the flood policyholder is no longer than 45 days , says Maureen Westling, managing director of claims at National Flood Services, a provider of flood insurance business solutions based in Kalispell, Mont.

How much is the average flood claim?

The bills will depend on how much water comes in, which parts of your house get damaged and what repairs cost in your area. For example, in 2018, NFIP policyholders received an average flood claim award of $42,580. Meanwhile, in 2017, which saw three hugely destructive hurricanes in Florida and the Gulf area, the average claim was $91,735.

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