First of all I would like to express my condolences to anyone who has been inconvenienced by this storm. However my favorite pet peeve is the water-soaked basement because they are not covered by insurance. They will not cover ground water, so basically the expense is on you. Besides that let me give some advice to help you on the way to recovery. Try to get a company like Servpro who can lift the carpets and pads and bring in the fans to get this dried out ASAP. Any drywall that has been affected must be removed to dry out the framing behind the wall. Remember dry wall is the perfect feeding ground for mold and if not removed it will smell musty and start to grow mold which could create health problems. I know from personal experience because when I had first moved in and my basement flooded and I had the dry wall removed there must have been mold growing about 2 feet up from the floor. (I was wondering what that smell was and just figured it was the old carpets that I planning to remove). Anyway it took about 3 weeks to get the job completed and life was back to normal. Moral of the story if you care about your home and plan on eventually selling your home whether 2 years or 20 years, be good to it because you want it to pay you back and they only way that will happen is addressing these important issues as soon as possible.