Florida Chief Financial Officer Jimmy Patronis announced on Sunday that the FEMA had authorized the National Flood Insurance Program to approve Florida’s request for a waiver allowing policyholders within the program to access a portion of their claims without going through the full claims process.
Florida CFO Jimmy Patronis said, “Today, FEMA granted a waiver that will allow National Flood Insurance Program policyholders to access tens-of-thousands of dollars upfront without having to go through a normal claims process or involving an adjuster. This process cuts through a lot of red tape, and provides critical funding to policyholders who can provide FEMA with basic information of out-of-pocket expenses related to repair or replacement of NFIP-insured property. These advance payments are going to be essential to help Florida families get started on the difficult work of rebuilding. Make no mistake, Governor DeSantis deserves a lot of credit in getting the federal government to issue this waiver. This means a lot to Floridians who are having to rebuild their lives.”
This program provides NFIP Standard Flood Insurance Policy Holders $5,000 for combined building and contents losses, or up to $20,000 for policy holders who can provide FEMA with photographic evidence of claims and demonstrate proof incurred out-of-pocket expenses related to repair or replacement of property insured under a Standard Flood Insurance Policy.
For more information, please visit www.fema.gov/flood-insurance.