N.Y. homeowners won't have to pay storm deductible
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ALBANY, N.Y. (AP) - State officials have determined New York homeowners won't have to pay an insurance deductible in seeking compensation for damage from superstorm Sandy.
Laws in 15 states including New York allow officials to waive the 1% to 5% deductible payment if a storm is downgraded from a hurricane. Sandy was downgraded from a hurricane just before making landfall Monday on the New Jersey coast.
Gov. Andrew Cuomo and Financial Services Director Benjamin Lawsky announced Thursday that the payment would be waived in New York.
Lawsky has informed insurance companies of the decision that could save a homeowner thousands of dollars.
The state has a disaster hotline to help. The hotline number is 800-339-1759 and is staffed weekdays and Saturdays from 9 a.m. to 4 p.m.
Friday, May 24 2013 4:02 PM EDT2013-05-24 20:02:22 GMT
WCS photo
Coney Island's famed New York Aquarium, devastated by Superstorm Sandy, will partially reopen Saturday, May 25, 2013. The Wildlife Conservation Society on Friday showed members of the media parts of
Coney Island's famed New York Aquarium, devastated by Superstorm Sandy, will partially reopen Saturday, May 25, 2013. The Wildlife Conservation Society on Friday showed members of the media parts of
Friday, May 24 2013 11:12 AM EDT2013-05-24 15:12:21 GMT
AP photo
President Barack Obama plans to give the Jersey Shore a boost with a post-Memorial Day visit to showcase recovery efforts in the aftermath of Superstorm Sandy.
President Barack Obama plans to give the Jersey Shore a boost with a post-Memorial Day visit to showcase recovery efforts in the aftermath of Superstorm Sandy.
Wednesday, May 22 2013 12:55 PM EDT2013-05-22 16:55:01 GMT
Jersey shore town is celebrating a milestone as it rebuilds from Superstorm Sandy. Belmar officials will reopen their 1.3-mile boardwalk that was destroyed by the October storm.
Jersey shore town is celebrating a milestone as it rebuilds from Superstorm Sandy. Belmar officials will reopen their 1.3-mile boardwalk that was destroyed by the October storm.
Monday, May 20 2013 7:05 PM EDT2013-05-20 23:05:15 GMT
A private country club opened its golf course to the public for a charity tournament to raise money for Superstorm Sandy relief. The Westlake Golf and Country Club in Jackson hosted the event on May 13,
A private country club opened its golf course to the public for a charity tournament to raise money for Superstorm Sandy relief. The Westlake Golf and Country Club in Jackson hosted the event on May 13,
