Friday, December 5th, 2008 at
1:47 am

Sandie L asked:
After almost 6 weeks I finally got my adjusters proof of loss estimate from the damages to my home from Hurricane IKE, while I understand the total devestation here on the island, I am worried about time frames and how things go from this point on..
1. We have 39 thous in damages on a 204 thous dollar home, should I expect the flood ins. company to dispute or try to fight this estimate? How long does it usually take IF things go smoothly from here on out? I have tennants I need to get back in their units so I can get rent again to help with mortgage payments.
2. How does this work, do I find the contractors, plumbing, drywall, flooring electricial or does my flood compnay choose who does what, and how do the funds for repairs get dispursed? Do they send me a check for it all at once, does it sit in a bank like an equity line of credit so to speak or do I submit receipts and invoices and the company cuts the contractors a check?
Never been thru a claim process (or such a devestating hurricane) before, thanks in advance….