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Hurricane Ike Victims to Receive Extra Benefits

FEMA released a statement this weekend saying some flood insurance policy holders that were affected by Hurricane Ike may be eligible to receive up to an extra $30,000 in benefits. This money would be awarded in addition to any claims made as a result of the storm.

The Increase Costs of Compliance (ICC) benefit is being awarded so that property owners will use it as preventative measure to safeguard their homes and businesses against future storms and floods.

  • To qualify for this benefit, FEMA states a building must be:
  • Covered by a National Flood Insurance Program standard policy,
  • Located in a Special Flood Hazard Area, also known as a regulatory floodplain,
  • Below the base flood level, and
  • Either “substantially damaged” or a “repetitive loss property.

To obtain the ICC benefit, one must file a separate claim. Learn more about the ICC benefit and find more information about Hurricane Ike.

Restoration specialists can assist with preventative measures against flooding.

Find out more about recovering from water damage.

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This entry was posted on Sunday, January 25th, 2009 at 11:40 pm and is filed under Business Continuity, Disaster Recovery, Flood Damage, Hurricane, Preparedness, Restoration, Water Damage. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

3 Responses to “Hurricane Ike Victims to Receive Extra Benefits”

  1. Gary James Cook Says:
    May 6th, 2010 at 12:59 am

    I am still unemployed due to ohe aftermath of hurricane Ike and I desperately need some help please contact me and tell me if I am elegible for assistance. Thank You.

  2. admin0 Says:
    May 10th, 2010 at 1:21 pm

    Hello Gary,

    According to FEMA (http://www.fema.gov/news/newsrelease.fema?id=50163), the temporary housing program was extended through July 9, 2010. I am not sure if they have extended other assistance but you should contact them to find out if you can qualify.

    The Hurricane Ike section on Fema’s web site can tell you who to call (http://www.fema.gov/news/event.fema?id=10570).

    Rapid Refile Admin

  3. Richard W. Says:
    August 2nd, 2010 at 5:56 am

    Entitled my vehicle for repairs in April, after 3 months of excessive work, I dropped coverage. Then Ike shows up & the mechanic ( & owner) says insurance wont cover my water logged car. What to do ?

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