A week after Hurricane Helene overwhelmed the Southeastern U.S., homeowners hit the hardest are grappling with how they could possibly pay for the flood...
A week after Hurricane Helene overwhelmed the Southeastern U.S., homeowners hit the hardest are grappling with how they could possibly pay for the flood damage from one of the deadliest storms to hit the mainland in recent history.across several states, leaving a catastrophic trail of destruction that spans hundreds of miles inland. More than 200 people have died in what is now the deadliest hurricane to hit the mainland U.S.
But most private insurance companies don't carry flood insurance, leaving the National Flood Insurance Program run by the Federal Emergency Management Agency as the primary provider for that coverage for residential homes. Congress created the federal flood insurance program more than 50 years ago when many private insurers stopped offering policies in high-risk areas.
Some may go into foreclosure or bankruptcy. Entire neighborhoods will likely never be rebuilt. There’s been water damage across the board, Hicks said, and for some, mudslides have even taken the land upon which their house once stood. Amy Bach, executive director of the consumer advocacy group United Policyholders, said the images of the flood destruction in North Carolina shook her despite decades of seeing challenging recovery faced by victims of natural disasters.
Flood Insurance Flood Damage Julianne Johnson North Carolina National Hurricane Center Western North Carolina FEMA Charlotte Hicks Mark Friedlander
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