Updated over 12 years ago on . Most recent reply
Claiming against flood insurance.
Y'all,
we are looking at a deal that has an outstanding insurance claim of over $600k for flood damage which will be passed to us if we decide to buy.
This is a government flood insurance policy, does anyone on BP have experience dealing with such a claim and how difficult does it get to process?
We are getting the impression the Seller has had enough and just wants out of it. Thanks for your interest.