One of the guys in my office has a seasonal cottage in Wells, ME. It flooded two weeks ago in the coastal storm they had. It had salt water in it 5’ deep. It only sits about two feet off the ground. He has flood insurance. At minimum it needs to be gutted and rebuilt. He might have to raise it up. Which means tearing it down and start from scratch.
He is now talking about the different options he has in rebuilding. I told him that his insurance is going to double at least.
Yea, I'm up in that area once a year usually, could not believe the video of the flooding. Lots of places on or near the water that probably had that type of damage. The cost to rebuild will be enormous given the cost of goods and labor these days. And insurance companies hate claims. I had tree damage twice in an old house, agent said they'd cancel me if I had another.