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Updated over 7 years ago, 09/12/2017

User Stats

64
Posts
16
Votes
Aaron Ingram
  • Rental Property Investor
  • Austin, TX
16
Votes |
64
Posts

Hurricane Damage and Insurance

Aaron Ingram
  • Rental Property Investor
  • Austin, TX
Posted

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.

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