New York State commenced a new program that will reimburse homeowners for damage caused by sliding earth and soil due to recent storms and hurricanes, Governor Andrew M. Cuomo announced on Saturday.
The New York State Housing Recovery Program will fully compensate those affected by Hurricane Irene, Tropical Storm Lee, and Superstorm Sandy for repairs to "earth movement" damage, which is typically excluded from homeowners coverage and also ineligible for coverage under a National Flood Insurance Program policy, even if the movement is directly caused by flooding.
Earth movement perils include landslide, mudflow, earth sinking, rising or shifting and earthquake.
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