Wednesday, October 3, 2018 / by Anne Rose
According to the Insurance Journal, only 35% of North Carolina homes in the area flooded by Hurricanes Florence and Michael were covered by national flood insurance. Millions of homes were damaged by flood waters in North and South Carolina; because homeowners policies do not assist with remediation or recovery of property lost in floods, hundreds, if not thousands, of families have lost everything.
“In the coming days, people whose houses have been damaged or destroyed by Hurricane Florence and Hurricane Michael - many of whom are under-insured or uninsured - will face the wrenching decision of paying for temporary housing or paying their mortgage,” says Broker/Realtor Kirk Pugh, President of KBT Realty Group. “Every day, I get questions from devastated homeowners looking for reliable, responsible information that will help them make the best decisions about preserving whatever equity they have left in their homes. Hundreds of people in our community are loo ...
Tuesday, October 2, 2018 / by Anne Rose
A couple weeks ago, Hurricane Florence ravaged Wilmington NC and the southeastern coastal region.
KW Cares provided hundreds of thousands of dollars in hurricane relief grants, hundreds and hundreds of dollars in gift cards for immediate financial assistance, thousands of volunteer hours, and a warehouse full of supplies for remediation, recovery, and sustaining our families while we put our beautiful city and beaches back together.
The KBT Realty Group community is deeply moved. After the hurricane, KW Cares reinforced an important lesson for our agents and associates: both receiving help and being able to give help contribute to the process of healing.
In the immediate aftermath of the storm, the impact that KW Cares made on Wilmington North Carolina was measured in dollars, manpower, and acts of caring:
$306,570 advance emergency grants for evacuation assistance and storm relief
4 semi-trailers carrying love and supplies for hurricane victims
130 gran ...
Friday, September 28, 2018 / by Anne Rose
Hindsight is 20/20. We've made it through Hurricane Florence. We are cleaning up, engaging professionals to strip our homes down to the studs, tarp our roofs, and remove our beautiful 200-year-old oak trees. We are processing the lessons we've learned about how we build and survive a disaster, and how to protect our investments.
The most important post-hurricane advice we can share is simple. Buy flood insurance.
What does flood insurance cover?
The best source of information is your insurance agent. Have a conversation that specifically addresses your coverage in a variety of scenarios. Flooding sound far-fetched? As we have seen in communities across the Wilmington North Carolina area, flooding can happen any where.
Standard homeowners insurance does not include coverage for flood water damage. Your homeowners policy might cover some rain damage, but waters from the ocean, river, reservoirs, or backed up storm drains are most likely not included.
The Nation ...
Thursday, September 27, 2018 / by Anne Rose
Recovery from Hurricane Florence is a day-to-day challenge. Each success may seem to create more issues and more work. Broken windows, water-soaked drywall, and destroyed furniture need to be removed and repaired or replaced.
It's not that easy, of course, Cape Fear hurricane survivors will need plumbers, mold remediation experts, roofers, landscapers, and a whole host experts in disaster recovery and damage remediation.
The real estate experts at KBT Realty and Keller Williams have compiled this list of resources to help. If you need more information or have a specific issue and don't know which way to turn, give one of our agents a call. We are here to assist as you work through recovering from the effects of the hurricane.
Hurricane Florence Disaster Recovery Resources
FEMA – www.disasterassistance.gov or call 800-621-3362
RED CROSS - www.redcross.org or call 1-800-REDCROSS
SALVATION ARMY – www.salvationarmyusa.org or call 800-725-2769