The Great Flood - Dealing with Insurance

by Osman Parvez

Like many of my Boulder friends and neighbors, I've been dealing with the aftermath of the flood.  

Here's a few bits of advice: 

Handling Insurance 

Document everything.   Take extensive photographs (and video) of the damage, including damage to your personal possessions.    

What caused the damage may determine whether your insurance will provide coverage.  This includes whether it was caused by failing sewer systems (usually covered up to $10,000) or rising flood waters (usually not covered without purchasing additional coverage).    
Remember that part of the job of an agent and/or adjuster is to save the company money and protect the bottom line. If you ask, “Am I covered for flood damage?” they can legitimately say “No.”  It is your job to find the grey areas in your policy.   - Burning Down the House
Read Insurance Tips for Disaster Survivors, from the Burning Down the House Blog.  It's written by a survivor of the Four Mile Canyon fire.  

Boulder County has been declared a major disaster by President Obama.  You may be eligible for assistance.   Read Do I Qualify for "Housing Needs" assistanceEven if you have flood insurance, register with FEMA immediately by calling 1-800-621-3362 or visiting No matter how big or small the damage is, please report it to FEMA as it may impact the overall amount of aid being provided. 

Please Note

This document contains forward-looking statements. You are strongly cautioned that investment results are subject to business, economic and other uncertainties. There are no guarantees associated with any forecast and the opinions stated here are subject to change at any time. Always consult your financial advisor before making an investment decision.