5:50 am September 24, 2009, by Henry Unger
The insured damage from the metro floods is going to be far greater than the insurance companies are liable for.
Georgia Insurance Commissioner John Oxendine has estimated about $250 million in damage, with about 80 percent not covered by insurance.
More than 14,000 homeowner claims have been filed so far.
“The insured damage is going to be significantly less than the total damage,” David Colmans, executive director of the Georgia Insurance Information Service, told AJC reporters Michael Kanell and Ty Tagami.
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