We had a pretty severe flood from hurricane Irene. The entire basement and two feet on the first floor had water damage. The adjuster was out and has given me a very low estimate for the damage. I live in an expensive area of nothern new Jersey (Bergen County).
Paint walls two coats – .65 a square foot
remove and replace drywall – $ 2.07 a square foot
Remove and replace sub floor – $ 6.99 a square foot
Many other low prices. Contractors are telling me that this is way too cheap. What are your thoughts? Did you have a flood claim ever? Do these rates seem low?
Feel free to contact me.
This is from a flood insurance policy with the National flood insurance program. (FEMA).