Why is it important for Janie to monitor her indirect losses after flood damage?

Monitoring indirect losses after flood damage is crucial for Janie because it allows her to comprehensively assess the total financial impact of the disaster. Indirect losses may include lost income from a rental property not being available, increased expenses for alternative accommodations, or any other economic repercussions that arise as a result of the flood event.

Understanding these indirect losses helps Janie make informed decisions regarding her recovery strategy, insurance claims, and financial planning. By having a complete picture of both direct and indirect impacts, she can better engage with her insurance provider to ensure she receives appropriate compensation. This awareness can also aid in identifying any immediate needs or adjustments necessary for her financial stability going forward, ultimately supporting her recovery efforts from the flood damage.