How are ICC claim payments handled?
A person may be able to receive a partial payment once the claims representative has a copy of the signed contract for the work, a permit from the community to do the work, and the return of a signed ICC Proof of Loss. If the work is completed, local officials will inspect and issue a certificate of occupancy or a confirmation letter. Once a person submits this document to their claims representative, the insurer will pay the final installment or full payment. ICC claims will only be paid on flood damaged homes and businesses, and can only be used to pay for costs of meeting the floodplain management ordinance in that community.
