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Insurance 'Nightmare' Unfolds For Florida Homeowners After Two Hurricanes

"Many victims facing catastrophic losses due to water damage “are just walking away.”"

"Bridgette Bello thought she’d taken proper precautions to protect against Florida’s notorious hurricanes, having purchased flood insurance as well as a separate hurricane-specific policy, in addition to her regular homeowners coverage.

Yet nearly two weeks after Helene hit — and even before Milton had arrived — what Bello, 54, describes as an insurance “nightmare” has only begun. She said she already faces delays and denials on her damage claims.

“We did everything we were supposed to do,” said Bello, who lives near the barrier-island Madeira Beach community outside of Tampa. “We did everything to protect ourselves and protect our home.”"

Rob Wile reports for NBC News October 13, 2024.

SEE ALSO:

"Hurricanes Amplify Insurance Crisis in Riskiest Areas" (New York Times)

"The Home-Insurance Crisis That Won’t End After Hurricane Season" (New Yorker)

"Insurance Is Failing Hurricane Survivors: ‘People Thought They Were Covered’" (Guardian)

"As Hurricanes Strike, Insurance Costs Soar for Commercial Real Estate" (New York Times)

"‘It’s Going To Be A Mess’: The Flood Insurance Crisis Following Helene’s Wreckage" (Politico)

Source: NBC News, 10/15/2024