Federal and state governments are stepping up to the plate when it comes to providing victims of Hurricane Sandy with the relief they need to rebuild and repair their lives. However, many homeowners are still waiting for their rightful insurance proceeds or continuing to haggle with insurance companies over the amount of compensation to which they’re entitled.
Rebuilding & Repairing Homes – And Lives
Millions of dollars in federal and state disaster assistance has been dispersed to victims of Superstorm Sandy.
According to NJ.com, the following numbers represent monies dispersed as of April 15, 2013:
- $384 million in FEMA grants approved for individuals and households
- $718.9 million in SBA disaster loans approved for homeowners, renters and businesses
- $245.3 million approved for FEMA Public Assistance grants to communities and some nonprofit organizations that serve the public
- $3.3 billion in total National Flood Insurance Program payments made on claims to date
Despite the efforts of New York, New Jersey and Connecticut governors telling insurers they need to do better, many policyholders are still waiting for their Hurricane Sandy claims to be paid so that they can begin rebuilding and repairing their homes – and lives.
Getting Your Claim Paid
Insurers who deny, delay or fail to deal with their policyholders in good faith may be acting in bad faith. We can help you to resolve insurance issues regarding denials, delayed payments, unfair settlement offers and other types of bad faith insurance claims. At Belluck & Fox LLP, we have successfully fought insurance companies and secured more than $500 million for our clients and their families. Contact us today for a free consultation so we can help you get your claim paid.