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What is the definition of substantial damage?

: damages which bring about actual economic loss or for which compensation in a substantial amount is awarded as distinguished from nominal damages awarded only to vindicate a legal right.

What is a substantial improvement?

What is substantial improvement? Substantial improvement, as defined in 44 CFR 59.1, means any. reconstruction, rehabilitation, addition, or other improvement of a structure, the cost of which equals or exceeds 50 percent of the market value of the. structure before the start of construction of the improvement.

What is the goal of the substantial damage survey process?

The ultimate goal is to reduce risk to life and property. Determining a strong SI/SD process can help to reduce risk before an event happens. A great window of opportunity to ensure that flood damages do not occur again is after a flood.

How do you rebuild after a flood?

The Nine Steps of Flood Recovery Take Care of Yourself First. If you are ill or injured, get prompt medical attention. Give Your Home First Aid. Get Organized. Dry Out Your Home. Restore the Utilities. Clean Up. Check on Financial Assistance. Rebuild and Flood Proof.

What is substantial damage FEMA?

The term substantial damage applies to a structure in a Special Flood Hazard Area or floodplain for which the total cost of repairs is 50 percent or more of the structures market value before the disaster occurred, regardless of the cause of damage.

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