Fifty Percent Contained

Posted: Wednesday, October 26th, 2011
Category: Insurance Training

It is September 12. In Basrop, Texas, where the biggest of the wildfires occurred, 1,554 homes have burned to the ground, 34,000 acres have been torched, and 17 people are missing and remain unaccounted for. But, fire chiefs estimate, 50 percent of the fires are now under control. Search and recovery have started to go into the disaster zone. Evacuated residents are demanding to be let back in their neighbourhoods.

Meanwhile, the federal government has declared Texas a disaster area, enabling residents to receive financial aid. Families will be eligible for up to $30,000 to defray expenses not covered by insurance policies; these expenses include hotel bills, temporary housing and even construction costs.

“The $30,000 can only go so far toward the expenses that some of you have,” stated Rep. Lloyd Doggett, a Texas Democrat, talking to residents of devastated Basrop. “But I think it can be a lot of assistance.”

Indeed. But especially so if that sum is used in tandem with whatever insurance coverage the family has. Without insurance, $30,000 may not at all fit the bill of those whose homes were damaged or destroyed, or worse, were casualties of the wildfires.

Insurance professionals, especially those with a property and casualty insurance license, make their welcome presence felt during this time.


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