Damages from Hurricane Sandy

What started out as a low pressure area ended up causing so much damage that it was considered a super storm. Hurricane Sandy, which made landfall in the US in New Jersey on October 29, 2012, claimed the lives of at least 125 people and caused an estimated $50 Billion in property damages in 24 states, second only to Katrina which devastated New Orleans in 2005. Business establishments, public works, infrastructure, private houses, vehicles, even something in the ground like a swimming pool were all damaged by the wind and rain sucked in by Sandy for three days before it dissipated.

The law firm of Williams Kherkher which handles numerous Hurricane Sandy insurance claims, states that to this date, the full extent of the property damage wreaked by the 2012 super storm has not yet been determined. About $10 Billion may be covered by windstorm insurance, and many are still in the process of claiming. However, it is likely that many will be denied compensation or not be able to get the full benefit of their insurance.

This is unfortunately how insurance companies work. They are in the business of making money, not protecting their clients. A client is only waited on hand on foot when they are paying premiums or can be persuaded to get even more insurance for this is when the insurance company makes money. When it comes to claims, clients are on their own.

Of course, not all insurance companies are created equal, but in general the three Ds prevail: deny coverage, delay payment, or defend their stance, forcing clients to either give up or go to court. Most clients simply give up, and this is what insurance companies count on to protect their profit margin.

This is not right. However, most people feel intimidated about the notion of filing a lawsuit, especially if they are dealing with a large company. They feel they don’t have the resources to pull it off. But if the lawyer retained knows what he or she is doing, most of the damages caused by Hurricane Sandy occurred outside the courthouse.

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