Flood Claims Case Study
Case 1: Low-Level Flood (1-3 inches of water)
Case 1 Scenario
A basement is flooded with 2 inches of water after heavy rain. The damage includes warped flooring, drywall repairs, and minor electrical issues.
Claim Payout
The total claim amounts to $10,000, covering water removal and repairs. Deductible: $1,000.
Case 2: Medium-Level Flood (6-12 inches of water)
Case 2 Scenario
A home faces 8 inches of floodwater, damaging floors, furniture, and appliances.
Claim Payout
The total claim comes to $60,000, including cleanup and repairs. Deductible: $2,500.
Case 3: Severe Flood (3-5 feet of water)
Case 3 Scenario
A coastal home is hit with 4 feet of water, requiring complete reconstruction.
Claim Payout
The total claim is $250,000. Deductible: $10,000.