After The Superstorm – Insights From Sandy
As you well know, in October the entire Eastern Seaboard was drastically impacted by Superstorm Sandy. Sandy’s landfall was severe and damage was widespread.
As difficult as it may be, there are some crucial next steps that need to be taken as soon as possible in order to begin to recover after the storm, especially if you have property damage. Generally speaking, to be a deductible casualty loss, property must be damaged or destroyed as a result of a sudden, unexpected or unusual event. You would have to prove that a casualty loss occurred.
- With a well-known natural disaster like