Flood Insurance

[Gregory Matthews]

When Federal Flood Insurance Does Not Pay: When you purchase a home, you may be required to cover it with Federal Flood Insurance.  What you may not know is that there is a situation under which you will not be paid for a claim.  The following article is about a woman who paid some $8,500 for Federal flood insurance and then when she had a claim, it was denied. 

https://www.msn.com/en-us/money/realestate/this-florida-woman-bought-a-flood-insurance-policy-for-8-600-but-after-her-home-flooded-during-tropical-storm-debby-her-nearly-100k-claim-was-denied-due-to-a-major-loophole/ar-AA1rJRhB?ocid=msedgdhp&pc=DCTS&cvid=4fbf802b8e99473f99d3732840b99f9d&ei=14