Helene Damage: What happens when you don’t have flood insurance? [Video]

GREENSBORO, N.C. — Most of us don’t have flood insurance. Why? Because we don’t live near water, and chances are, we’ll never need it. Why add another $400 or more to our insurance bill? No doubt the folks in Western NC thought the same thing. 

“On the front page of almost every homeowner’s policy delivered  There’s a statement that says, please note damage due to flood mudslide, landslide and earthquake are specifically excluded in this policy,” said Christopher Cook, Alliance Insurance Services. 

For folks in Western North Carolina that lost their homes due to flood or mudslides and did NOT have flood insurance, no entity is solely responsible for replacing their house and belongings. 

 “A lot of people go bankrupt. They still owe on the house that is either damaged or destroyed,” said Cook. 

No flood insurance, then your insurance doesn’t pay. What about FEMA …