Flood insurance rider would provide elevation funds
Friday, January 20, 2006 at 12:00:00 AM

BATON ROUGE, La. – If you’re a homeowner who has flood insurance and whose property was substantially damaged by flood in hurricanes Katrina or Rita, you could be eligible for up to $30,000 in additional funds to move, elevate or demolish your house.

            The Department of Transportation and Development (DOTD), which oversees the National Flood Insurance Program in Louisiana, has a hot line with details about the Increased Cost of Compliance coverage, or ICC.

            The additional money can be used for:

  • Flood-proofing (for nonresidential buildings).
  • Relocation: moving a home or business out of the flood zone.
  • Elevation: raising a home or business to above the flood-elevation level adopted by the local community.
  • Demolition: tearing down or removing the building.

For more information about ICC, call the DOTD Customer Service Center at 225.379.1232 or toll-free at 1.877.4LA.DOTD (1.877.452.3683). Additional information also can be found at www.fema.gov/nflip.

 

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