After Six Months, There Is More Devastation From Hurricane Ike!

United States
March 13, 2009 10:35am CST
It took almost six months to get the news, but the devastation done by Hurricane Ike was just compounded by the decisions made by windstorm insurance providers. Those on Boliver Peninsula received word that the insurance industry decided that the damage done to their homes, almost all of them were demolished, was only 11.2% due to wind. So the homeowners will receive only 11.2% of the value of their homes and nothing for the contents!
2 responses
@spalladino (17924)
• United States
15 Mar 09
That's really terrible but that's insurance companies for you. If anyone had a flood rider they should still be covered but, otherwise, it looks like that insurance company is going to get away with putting the majority of the blame on the levies flooding which is so unfair.
• United States
16 Mar 09
With their homes being right on the beach, they could not get flood insurance.
@snowy22315 (56296)
• United States
13 Mar 09
That really sucks. I had a tornado last year. I was fortuately able to get enough money from the insurance company in order to get my home repaired. It was something that I felt needed to happen and I was happy that it did. I was able to get everything repaired without a problem.
• United States
13 Mar 09
I am glad you got things back together without a problem from the insurance. The folks on the coast have been kept blowing in the wind (pardon the pun), by the adjusters that would not agree that the wind had taken the homes down, blaming most of the damage on water/storm surge.