Additionally, walk through the property and take photographs.
These should include make, model and serial numbers of appliances
and mechanical equipment. Open closet doors and seldom used
spaces when conducting the walkthrough and capture images or
video, which will help in the event of a claim. The advantage lies in
completing this before the season starts, as waiting until the storm
hits or an evacuation is ordered will only cause delays and anxiety.
Save receipts and records of major household purchases of appli-ances,
furniture or specialty items. Check with the agent to see if pur-chasing
additional coverage is needed for any of these items above
WBM FILE PHOTO
THE Cape Fear Museum of
History and Science’s photo-graph
of more than 15,000 images,
can now be accessed online by researchers
and the general public. Website visitors
can browse the database or search using
keywords. A search of “Wrightsville
Beach” currently yields 743 results,
including this postcard by Jack W.
Loughlin of a group of women with a
lifeboat in the mid-1950s.
THE COLLECTION CAN BE FOUND AT:
the standard policy limits. With online shopping and smartphones, this
is easier than ever. All that is needed is to snap a clear photo or scan
the receipts, save in a convenient location, and back up the data.
Many condominium owners do not realize they can purchase
and benefit from a policy that can provide not only flood coverage
for repairs to their individual unit, but also covers Condominium
Loss Assessments caused by flood damage to condominium
association-owned properties. If the NFIP policy insures a unit, the
policy will pay up to the coverage limit of liability for your share
of loss assessments charged against you by the condominium
association (above their deductible) in accordance with the condo-minium
association’s articles of association, declarations, and your
deed, less any deductible. We have seen NFIP pay out claims of
$18,000 or more to cover condominium assessments of unit owners.
Under Risk Rating 2.0, the floor the unit is located on is a rating
factor, thus making policies more attractive in some instances.
Private flood policies may have different policy terms and
conditions. Always refer to your policy for specific language
Lisa A. Sharrard, CFM, CPM, ANFI, is the owner of Choice
Flood Insurance. Before entering the private sector in 2010, she
served as the NFIP Coordinator for the South Carolina Depart-ment
of Natural Resources. At FEMA’s invitation she had input
into Risk Rating 2.0.
Ladders and plywood lean against a Wrightsville Beach home
being prepared for Hurricane Isabel in 2003.
A History in Photos Taking a look back at the Lower Cape Fear’s past