NJ Flash Floods Trigger Surge in Insurance Claims Amid Rising Premiums

Recent flash flooding in New Jersey caused significant damage to hundreds of homes, prompting an influx of insurance claims. Homeowners, like the Gavin family in North Plainfield, are navigating multiple claims due to storm-related damage including both wind and flood incidents.

The financial impact for many is substantial, with losses including home appliances and structural damage. Insurance agents in the region report an unprecedented increase in both flood and auto insurance claims, highlighting the intensity of recent weather events. Insurance professionals advise homeowners to meticulously document damages through photographs, file proof of loss, and coordinate promptly with adjusters to ensure accurate claim processing.

Concurrently, New Jersey residents are experiencing rising insurance premiums and higher rates of policy non-renewals, with some areas like Cape May, Hudson, and Atlantic counties experiencing significant insurer withdrawals. This challenging environment underscores the growing complexities homeowners face in securing and maintaining adequate insurance coverage in flood-prone regions of New Jersey.