FEMA to tally tornado damages, possibly help uninsured
Dayton Daily News (OH)
May 31-- May 31--To determine whether people who lost property in Monday's record-setting tornadoes -- especially the uninsured -- are eligible for government assistance, the Federal Emergency Management Agency (FEMA) will survey the damage in 10 counties, including Greene and Montgomery counties, among the hardest-hit in a Memorial-Day outbreak ending in 20 tornadoes.
"If individuals or businesses have uninsured losses due to the severe storms, they need to make sure to share that information with their county emergency management agency," said Sima Merick, Ohio Emergency Management Agency executive director.
A complex set of damage thresholds determines eligibility for federal assistance, low-interest loans or programs for state assistance.
A key element is how much storm damage is covered by insurance and how much is uninsured. Damages from wind events, such as tornadoes, are typically covered by homeowners or business insurance, while flood-related damages are often uninsured, according to the Ohio EMA.
FEMA assessors will be on the ground in the state beginning Wednesday, said Jay Carey, Ohio EMA spokesperson.
The team will also survey damage in Auglaize, Darke, Hocking, Mercer, Miami, Muskingum, Perry and Pickaway counties.
Renters who lost property in the tornadoes may also be eligible for assistance, Carey said.
Thank you for reading the Dayton Daily News and for supporting local journalism. Subscribers: log in for access to exclusive deals and newsletters.
___
(c)2019 the Dayton Daily News (Dayton, Ohio)
Visit the Dayton Daily News (Dayton, Ohio) at www.daytondailynews.com
What will it take to get Springer Opera House back to normal after flood? Millions.
Senior drivers can qualify for insurance rate reduction by taking safety course
Advisor News
- Demonstrating the value of life insurance to Gen Z
- Poor money habits are a dealbreaker in a new relationship
- DC plan sponsors see opportunity in alternatives
- The American Dream: Redefined as financial stability
- Partial annuitization: How advisors can help clients balance income, growth
More Advisor NewsAnnuity News
- CA judge certifies class action in teachers’ lawsuit over in-plan annuity fees
- Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
- AM Best Managing Director Joins ‘Target Topics’ Podcast to Discuss State of Delegated Underwriting Authority Enterprises Market
- KBRA Assigns Rating to TruSpire Retirement Insurance Company
- Partial annuitization: How advisors can help clients balance income, growth
More Annuity NewsHealth/Employee Benefits News
- Amid claims of 'playing politics,' Auburn council amends city manager's contract
- OCWNY to hold seminar for disability beneficiaries Friday
- Atrium pushes back after State Health Plan leaves healthcare network out of Tier 1
- Douglas Veterans Claims Clinic Connects Rural Veterans With Critical Services
- Atrium pushes back after State Health Plan leaves healthcare network out of Tier 1
More Health/Employee Benefits NewsLife Insurance News
- Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
- AM Best Upgrades Credit Ratings of Sagicor Financial Company Ltd. and Most of Its Subsidiaries
- Trust, technology and the future of claims
- New York Life Launches an Indemnity Benefit for its Asset Flex Long-Term Care Insurance Solution
- AM Best Affirms Credit Ratings of DB Insurance Co., Ltd.
More Life Insurance News