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Isaac’s Economic Impact

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    Chip Merlin, Merlin Law Group attorney, on the expected damage Isaac will bring to New Orleans..

  • Duration 3:15
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As there isn't just on the seventh anniversary of Katrina well the main threat appears to be -- -- officials will not be able to assess the total damage until after the storm passes.

Still this is going to be about when joining us now from -- Merlin law group attorney chip Merlin.

This focuses on commercial and residential property claims he's here to tell us what to expect from my they can give us some pointers on dealing with damage cost -- great to have you with us.

Looks like the worst is yet to come with -- but at this point what are your thoughts.

-- very slow moving storm and it's gonna dump an awful lot of rain in many areas.

And in those areas especially -- the Mississippi sound area to New Orleans there's going to be a lot of localized flooding we're already getting reports.

Of homes that have four and five feet of water it's already across.

-- US nine.

There will be some significant damage and this is a big test for the city in the war allowance in DC if they precautions that they took after Hurricane Katrina.

Really hold up and it's a great real live test because it's only -- category one storm.

That's still a very significant stormed out.

It is a water that more than a wind event and we know that flooding as.

Causes much more damage right then winds so what do you make of that it do you expect that the cost of this to be much more severe.

Oh absolutely -- going to be a very severe storm it's a very slow moving storm right -- still have.

A significant wind impact and is going to be a lot of leaky -- there's going to be a lot of water getting into.

Structures a result of just raining brown water but in those areas because the water's being pushed up.

Into that existed the geography of Louisiana with the -- sinking in things like that there's not as much.

Protection any longer and those rivers the -- -- of the Jordan River the -- that are -- on that area there's going to be a lot of storm -- and we're gonna find a lot of significant.

Localized damage nothing like the train up.

But this they're going to be a lot of flood damage the.

And we know some -- -- -- has already breached at least one Levy.

Teen U at this point give me an estimate are you thinking in terms of total damage costs.

I know it's hard to nail down a figure at this point but more or less than Katrina.

A lot less than Katrina but still significant storm at the category one -- -- is a very significant storm and it's strengthening this is a very weird storm and a very slow moving storms to the damage is going to be happening.

Over a long period of time all along today people really need to take care not to jump out take a look at what's going on.

There were some deaths that there are Hurricane Irene and implore people went out there are down paralyzed it's still -- power people -- very careful on this storm.

RA and vice quickly in terms of apply for federal aid if you don't have a private insurance coverage.

Well I don't know I wouldn't trust federal aid to becoming too quickly this time most -- people are expected to have national flood insurance but you know the main thing to do is take take precautions take photographs and videotape of exactly what look like before you start cleaning up clean up right away and do everything he can.

To mitigate tree damage call your insurance company get the -- out there as soon as you possibly can there will be.

FEMA officials all their -- there everybody's ready to go.

And and phone calls to get get to those people have actually been -- and harm be very important pictures pictures and video pop thank you very much site chip thanks a lot.

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