TCAIS Statement in response to remarks by John Sharp

September 29, 2017 TCAIS Hot News, Press Releases 0 Comments

The Texas Coalition for Affordable Insurance Solutions (TCAIS) released the following in response to comments made today by John Sharp, head of the Governor’s Commission to Rebuild Texas, regarding private insurance claims in connection with Hurricane Harvey. The statement can be attributed to Beaman Floyd, executive director of the Texas Coalition for Affordable Insurance Solutions, which represents major homeowners insurance companies doing business in Texas (Allstate, Farmers, Nationwide, State Farm and USAA):

“Even before Hurricane Harvey finished impacting Texas, homeowners insurance companies brought in thousands of adjusters to begin assessing damage and to file and pay wind damage and automobile loss claims so that Texans could start their recovery. Standard homeowners and renters insurance does not cover flood damage. Flood coverage is covered by a separate policy primarily provided by FEMA’s National Flood Insurance Program. Insurance company representatives in Texas are working around the clock to help their customers understand their policy coverage and guide them to the right resources to get disaster assistance.”

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The Texas Coalition for Affordable Insurance Solutions (TCAIS) is an alliance of insurance providers and trade organizations committed to working with elected officials, the media and the public to find public policy solutions that promote a competitive insurance marketplace that maximizes benefits for buyers and sellers of insurance. TCAIS members include Allstate, Farmers, Nationwide, State Farm and USAA. You can find TCAIS at www.tcais.org or follow TCAIS on Facebook (/tcais) or Twitter (@tcais).

CONTACT: Kirsten Voinis, (512) 922-7141 or [email protected]

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