 Posted: Thu Jun 10, 2010 8:16 pm Post subject: Thumbs Up to FEMA! |
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Fema recently announced that if a flood were to occur, and people were to realize damages to their homes or commercial buildings from the flood waters, coverage WOULD apply even if the water was mixed with the oil from the BP spill.
I wanted to give a thumbs up to FEMA for not passing the buck. They did note that they would go after BP for reimbursement for any claims they paid that covered damage caused by water mixed with the oil. This is great, pay the insured parties then go collect from BP. Don't put the responsibility on the insured parties to chase the money down themselves. |
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mikekim2455
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