Government Financial Help for Louisiana Flood Victims Limited; Maximum FEMA grant is $33,000, and many area residents lack flood insurance

State officials worry the $33,000 maximum individual assistance grant from the Federal Emergency Management Agency could leave sizable out-of-pocket costs for people whose properties sustained major damage and who lack flood insurance. Mr. Broussard, whose house is in the town of Central, outside Ba...

Full description

Saved in:
Bibliographic Details
Published in:The Wall Street journal. Eastern edition 2016-08-18
Main Authors: Hobbs, Tawnell D, Calvert, Scott, Patel, Yogita
Format: Newspaper Article
Language:English
Subjects:
Displaced persons
Edwards, John Bel
Emergency preparedness
Flood control
Flood insurance
Insurance coverage
National security
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:State officials worry the $33,000 maximum individual assistance grant from the Federal Emergency Management Agency could leave sizable out-of-pocket costs for people whose properties sustained major damage and who lack flood insurance. Mr. Broussard, whose house is in the town of Central, outside Baton Rouge, said that with money tight, he and his wife never saw a need to buy flood insurance: "You think, 'I'll never need that, I've never seen water come up this high.'" Adding to their problems, his in-laws' pool business--where his wife and several other family members work--was destroyed in the flooding.
ISSN:2574-9579