NHT gets ready to process Hurricane Sandy claims

Thursday, November 08, 2012

Print this page Email A Friend!

THE National Housing Trust (NHT) says a number of its mortgagors have indicated their intention to make claims for damage in the wake of Hurricane Sandy, which swept the island last month.

"Up to Friday, November 2, the NHT's insurance unit had received one claim. In addition, there were 35 notifications of intention to submit claims," the Trust told the Observer, in response to queries. Up to October 31 this year, the NHT had some 94,457 active mortgagors.

The claims come following a notice posted by the NHT last week, inviting mortgagors who suffered damage to their properties during the passage of Hurricane Sandy to submit their claims. The deadline
is tomorrow.

Persons submitting claims should present a completed peril insurance claim form, an estimate of the damage, a photograph of the damage if possible, valid identification, and a letter of authorisation, if someone other than the mortgagor is processing the claim. The NHT said damaged items should be kept and shown to its loss adjusters as part of their assessment.

In the meantime, the NHT has given persons the green light to undertake "temporary repairs in cases where failure to do so would result in further damage". It said receipts should be kept for submission with the claim.

Affected NHT mortgagors are responsible for covering the first two per cent of the sum insured. For example, if the home is valued at $3 million and the estimate of the damage is $100,000 the mortgagor will be responsible for finding $60,000. The NHT said it reserves the right to pay the claims in instalments. The policy does not cover loss or damage to contents.

The Office of Disaster Preparedness and Emergency Management said the country's housing stock, in particular those in the island's east end, suffered significant damage during the passage of Hurricane Sandy on October 24.




1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper � email addresses will not be published.

2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.

3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.

4. Please do not write in block capitals since this makes your comment hard to read.

5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.

6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.

7. Lastly, read our Terms and Conditions and Privacy Policy

comments powered by Disqus



Today's Cartoon

Click image to view full size editorial cartoon