Atlanta Flood, Georgia Flood, Insurance Claims Secrets

Ilyce Glink Show Notes – September 27, 2009

Russell Longcore joined us today on the show to discuss the 7 Myths of Flood Insurance and to discuss how to best get your claims paid. This show will be podcasted by Tuesday, so look for it. Click AUDIO to find it.

Here’s a brief rundown of the 7 Myths of Flood Insurance

Myth #1: Homeowners, renters, and business property insurance policies cover flood damage.

Myth #2: Only homeowners and business owners can buy flood insurance.

Myth #3: You can’t buy flood insurance if you are in a high-risk zone.

Myth #4: You can’t buy flood insurance if you’ve been flooded before.

Myth #5: You can’t buy flood insurance immediately before or during a flood.

Myth #6: If you live in an area that is not a flood zone, you don’t need flood insurance.

Myth #7: FEMA disaster assistance will pay for flood damage. is the Federal Government’s Flood Insurance Website

To get the full story on flood insurance, go to, which is the Federal Government’s Flood Insurance website.

If you’re on Twitter and want to stay on top of what’s going on with the Georgia 500-year Flood, or local Atlanta Flooding, search #atlflood. You can also follow @atlflood for updates.

Bank of America First Mortgage and Home Equity response to the Georgia Floods

In response to the floods that recently impacted areas in Georgia, Bank of America has activated the Customer Disaster Response Program (DRP), which includes specific First Mortgage and Home Equity offers among other Bank of America supported benefits.

The Disaster Response Program is designed to provide financial assistance to customers and associates who sustain losses as a result of a community or statewide disaster.

First Mortgage Special Offer:

20 percent down only on conventional loans up to a million dollars.

Waived lender fees.

Expedited loan processing.

Customers may take advantage of the program through 12/28/09.

The counties impacted are: Bartow, Carroll, Catoosa, Chattooga, Cherokee, Cobb, Coweta, DeKalb, Douglas, Fulton, Gwinnett, Heard, Newton, Paulding, Rockdale, Stephens and Walker.

Loans are subject to credit approval and normal credit standards apply. Hazard insurance is required and flood insurance where necessary. These offers cannot be used in combination with other offers, and other restrictions may apply.

Thanks to Kennesaw, Ga.-based Bank of America Vice President Mike D. Rose for passing this along.

I will keep posting additional flood information here. Please leave your questions and comments and we will try to respond in the time we have.