Immediately after disasters like these, property insurance is likely not top of mind as people secure their safety and basic needs, but insurance claims are part of the process of resetting. Here are some steps home and business owners should keep in mind when filing an insurance claim after a natural disaster. That’s especially true if you don’t have flood insurance, as the average home insurance policy covers wind damage but generally doesn’t cover flood damage. The application process is similar to insurance claims: Contact the agency, determine eligibility and file an application. The Small Business Administration offers low-interest loans to renters, homeowners, business owners, and non-profits that suffered losses due to disasters.

Source: ABC News October 15, 2024 18:15 UTC