[StBernard] ICC Claim with Flood Insurance

[Westley Annis]

Tracie,
 
We will provide such a letter for you.  The elevations have not changed at
this point and are not likely to change anytime soon.  There is an
anticipated advisory at the end of the month, but it will not constitute a
change in the flood mapping.
 
We will certainly keep you guys posted as the advisory is made public.
 
Good luck and God Bless,
Craig Taffaro 
 
-----Original Message-----

Craig,
I understand that with some flood policies, a SEPARATE claim may be filed
for Increased Cost of Compliance (or ICC) for up to an additional
$30,000.00. You may be eligible if your home was substantially damaged (cost
to repair flooded structure is 50% or more of it's pre-disaster value).
My question is this:
Who determines if my structure is more than 50% damaged??  I understand that
in order to file the claim, you must have a letter stating the structure has
been deemed 50% or more damaged.
Who would draft such a letter?
 
Has any decisions been made as to the raising of the floodplain elevations?
Any additonal information is much appreciated.
Thanks!
 
Tracie