Victims of Hurricane Sandy and Hurricane Irene in New Jersey have filed a class-action lawsuit against nine insurance companies that allegedly denied their claims by misinterpreting the definition of a basement. Many residents who live in ground-floor units didn’t receive insurance compensation because their homes were classified as basements, and insurance companies often offer limited compensation for basement damage, the Jersey Journal reported.
Real Estate
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0 minute readHurricane victims suing insurance companies who denied claims
December 18, 2012, 2:34pm
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio
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Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio
