FEMA Cuts Red Tape on Federal Flood Insurance Payments for Florida Policyholders
Chief Financial Officer Jimmy Patronis said the funds are essential to help Floridians rebuild.
The Federal Emergency Management Agency (FEMA) Accelerated Access to Flood Insurance Dollars in the Wake of Hurricane Ian, Chief Financial Officer Says Jimmy Patronis.
On Friday, Patronis announced that FEMA has cleared the National Flood Insurance Program (NFIP) to approve Florida’s request for a waiver allowing program policyholders to access a portion of their claims without going through the full claims process. Patronis and governor. Ron DeSantis had asked FEMA to waive the usual requirements.
“Today, FEMA granted a waiver that will allow policyholders of the National Flood Insurance Program to access tens of thousands of dollars upfront without having to go through a normal claims process or call in an expert,” Patronis said in a prepared statement. “This process cuts a lot of paperwork and provides critical funding for policyholders who can provide FEMA with basic information about out-of-pocket expenses related to the repair or replacement of NFIP-insured property.”
This program provides NFIP standard flood insurance policyholders with $5,000 for combined building and contents losses, or up to $20,000 for policyholders who can provide FEMA with proof photograph of claims and demonstrate proof of expenses incurred related to the repair or replacement of the property. insured under a standard flood insurance policy.
“These advance payments are going to be essential in helping Florida families get started in the difficult work of rebuilding,” Patronis said. “Make no mistake about it, Governor DeSantis deserves a lot of credit for getting the federal government to issue this waiver. It means a lot to Floridians who have to rebuild their lives.
The thrust of Hurricane Ian will probably be produce more flood-related claims than wind-related claims, DeSantis said on Wednesday. The vast majority of flood claims are covered by the National Flood Insurance Program, run by the federal government. Wind-related claims are usually covered by home insurance policies.
Images of storm surges over two feet engulfing homes and washing away vehicles in Lee, Collier and Charlotte counties have emerged on social media and in news reports.
DeSantis said that while FEMA has programs that can help people who don’t have flood insurance, it won’t be the same as having a comprehensive flood policy.