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Raising Home

Wednesday, January 30, 2013

Hurricane Sandy

Guide to Making the Call on Elevating Your Property

A post-Sandy Q&A session helped answer some (but not all) questions about what will be required of shore property owners.

Recent public forums have helped answer questions about repairing and rebuilding after Superstorm Sandy. The question-and-answer sessions typically feature local residents, Federal Emergency Management Agency (FEMA) representatives and representatives of the local insurance and real estate industries. Even the panelists usually acknowledged a fair amount of uncertainty about the full ramifications of the unprecedented level of damage for the region and the process for rebuilding and recovering costs. Here's our best shot at summarizing the considerations for property owners as they rebuild after the Oct. 29 storm. But because of the considerable amount of confusion surrounding the whole process, feel free to share information, questions …

Squandered Youth

1:08 pm on Friday, February 1, 2013

The premium projections may be "worst-case" illustrations for a single-story slab home, the most expensive form of construction to insure because the entire structure and contents are exposed to flooding. Premiums for multi-story homes and homes built on enclosures are lower. Can anyone get projections for these scenarios? Accurate data on premium increases are important. With just the worst-case…   more ›

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