Nearly half of the thousands of homeowners waiting for FEMA and other governmental disaster assistance following Sandy had let their flood insurance lapse, according to industry estimates.
“We were told flood insurance went up to $2,400 a year,” said Dan Shaughnessy of Rockaway Park, whose home was destroyed. “My wife was just laid off, and we haven’t had [the ocean] touch the bay since 1936, so I said, ‘OK, right now, while money is tight, I’ll cut out the $2,400 a year.’ ”
“Luckily, FEMA came through with $30,000, thank God, which is going to help us move forward,” Shaughnessy said.
Monday, November 19, 2012
Shank Could Use Your Help
When natural disasters strike and affect our fellow man, we ought to reach out and lend a helping hand.