Report or Article

A Second Disaster Strikes: Will FEMA Pay Again?

by Dan Ramsey, Adjusters International

If FEMA provided grant funds for the repair or replacement of facilities or items that are insurable, your organization is required to obtain and maintain insurance now and for the remaining life of the asset in the amount of the FEMA Public Assistance funding received for the hazard that caused the damage (e.g., flood, wind, terrorism). This article explains what your municipality needs to do in order to be in compliance.

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Year
2009
Jurisdiction Type
Nonprofit
Population Range
N/A
Copyright
Adjusters International
Source
Disaster Recovery Today