4 Points to Remember while Claiming Insurance for Flood Damages

BENGALURU: The recent flood has caused immense loss to life and property in the States of Tamil Nadu, Puducherry and neighboring districts of Andhra Pradesh. The economic and financial losses caused due to Chennai floods are predicted to be huge but the insured losses would count only a fraction of that amount.

With the floods there has been an increase in the number of insurance claims, which are expected to cross the 3000 crore mark. Few steps taken to mitigate the hardships of the affected insured population of these areas include immediate registration and settlement of eligible claims. Below are few points you should know before filing insurance claim for the losses by Chennai floods, as reported by Rediff.com.

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