October 22, 2013
NEW YORK — Many homeowners who got slammed by Superstorm Sandy are finding their flood insurance checks are nowhere near large enough to cover their repairs, and consumer advocates put some of the blame on errors by the multitude of adjusters who were hired in a hurry after the disaster.
They say policyholders are being shortchanged — sometimes by tens of thousands of dollars — because of adjusters' inexperience and their overreliance on computer programs, rather than construction know-how, to estimate rebuilding costs.
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