GA flood losses estimated at $250 million -, GA News Weather & Sports

GA flood losses estimated at $250 million

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Press Release

ATLANTA - Insurance Commissioner John W. Oxendine said flooding across north Georgia over the past few days has caused an estimated $250 million in losses, most of that amount uninsured.

"I spent some time surveying damage in affected areas of our state this afternoon, and I believe the damage total will easily reach $250 million," Oxendine said.  "Many of the homeowners afflicted by this event don't have flood insurance."

While a standard homeowner's insurance policy covers damage from a variety of perils, it does not cover damage from flooding.  A separate policy must be purchased through the National Flood Insurance Program, and can only be purchased if your community participates in the national program.  However, some mobile home policies may cover damage caused by floods.

Oxendine reminds Georgians that they can call his Consumer Services Division at 404-656-2070 or, outside the Metro area, 1-800-656-2298, if they have questions about a claim, or if they are experiencing difficulty reaching their insurance company.  Phone lines are open from 8 a.m. to 7 p.m., Monday through Friday.  

Source: Georgia Department of Insurance

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