Governor Cuomo Announces Plan to Compensate Victims of Superstorm Sandy Denied Coverage Based on FEMA Regulation
Governor Cuomo (Official Twitter Handle) recently announced that Superstorm Sandy, Hurricane Irene, and Tropical Storm Lee victims who have been denied coverage on their flood claims based on a controversial FEMA regulation, will be fully compensated through the New York State Housing Recovery Program.1 This is good news for the hundreds of Sandy victims whose coverage was either partially or entirely denied based on a technicality in their flood policies.
Governor Cuomo’s home rebuilding program seeks to redress this gap in coverage by providing rebuilding costs not covered under the FEMA plan. The program will be financed by federal hurricane grants and will provide much needed funding directly to eligible homeowners.
If you think you or someone you know might be eligible for assistance under this program contact the Office of Storm Recovery at 1-855-697-7263 or visit www.stormrecovery.ny.gov.
Source: Property Insurance Coverage Law Blog
1 Governor Cuomo Announces Housing Recovery Program to Compensate Homeowners for Repairs of Damage Due to Storms Irene, Lee and Sandy. Available at http://www.governor.ny.gov/press/092821013-housing-recovery-program.
