CALHOUN FLOOD VICTIMS RECEIVE $172,000 ASSISTANCE

(07/24/2009)

A number of Calhoun homeowners have received monetary assistance from FEMA following the May 2009 flood, according to Calhoun OES/E-911 Director Kathy Wood. At least 45 homeowners registered with FEMA for financial assistance to repair property damage. Wood says so far those homeowners have been paid $172,000 in assistance, most of them in the Arnoldsburg area. Several homes received damage along the West Fork, Beech and Henry's Fork. Flood Plain Coordinator Gary Buchanan says property owners living along the flood plain should get flood insurance. Buchanan said "The homeowner is in control when they buy flood insurance, even if a disaster is not declared. There is no payback requirement." The flood insurance can't be canceled, even if there are multiple claims, he said. Flood insurance covers all building losses up to $250,000 for homeowners. Coverage is also available for contents. The average cost of a $100,000 flood policy is about $500 annually, but the cost for a preferred risk policy is about $200 annually. Property owners should contact their insurance agent for information.

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