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Updated over 7 years ago on . Most recent reply
Hurricane Damage and Insurance
BiggerPockets, looking for help and advice as I'm in for a bit of a mess. Currently I own one rental SFH which received damage and substantial flooding from Hurricane IRMA. I did not have Flood Insurance, foolishly thinking my hurricane policy would cover this type of hurricane related damage (learned my lesson) I'm looking at expensive repairs and possibly a home that my tenant can no longer stay in (they evacuated for the storm as did I) which would be a loss of rental income for the foreseeable future, on top of uninsured repairs. Being as I am just starting out and this is my first investment property this is hitting me hard and I am wondering if any BP friends have advice or useful information for someone in need.
Most Popular Reply
Wow sorry for your loss. If you weren't covered w/ flood insurance, all you can really do it try to mitigate the damage and wait for FEMA to step in. I'm local so if you need any help with anything, feel free to PM me.