Were you aware that property damage due to an appliance water leak inside your home is usually claimed on the same policy as damage to the outside of your property caused by an incident of vandalism?
It’s true. Both claims would most likely be filed against your homeowner’s policy here in Florida. Of course, don’t let the simplicity of that fact fool you. Florida insurance policies carry plenty of nuanced language, too.
Below, we’re going to explain how an insured event is usually legally defined, what kinds of events commonly qualify as valid property damage claims, and the difference knowing your carrier’s obligations can make.
Legally Defining a Florida Insured Event
Quite simply, an insured event in Florida can be legally defined as any occurrence that causes an insurance carrier to be responsible to pay a claim.
This is the case for any type of insurance policy — homeowner’s coverage, auto insurance, watercraft policies, etc. — and includes all kinds of property damage so long as the property and the event that causes the damage in question is included in the policy’s outline of coverage.
An example of an insured event is damage to your home due to a hurricane, which as Floridians we understand is very common here. This type of occurrence would initiate the claims process and more than likely cause the insurer to compensate the policyholder for property damage (among other benefits included in the policy) related to the insured event.
Commonly Insured Property Damage Events in Florida
Below is a list of some of the most commonly insured events here in Florida.
- Burglaries
- Burst Pipes & Broken Drain Lines
- Business Interruption
- Explosions & Crashes
- Fires
- Floods
- Hail
- Hurricanes
- Lightning
- Loss of Use
- Mold
- Natural Disasters
- Plumbing Leaks
- Sinkholes
- Tornados
- Tree Damage
- Vandalism
- Windstorms
This is by no means a comprehensive list. Each policyholder has an opportunity to tailor their coverage according to their needs and policies can differ. If you have specific questions regarding property damage and your own insurance coverage, seek professional legal advice.
FLPLG Aims to Get You the Property Damage Coverage You Are Entitled To
Besides having access to a wealth of legal knowledge, partnering with an experienced property damage claims attorney, like the experienced team at Florida Professional Law Group, can help you receive the coverage to which you are entitled.
In fact, we specialize in all types of property damage claims including new, delayed, denied, or underpaid claims, stepping in where it counts, handling the process from start to finish, and often recovering far more than clients expect.
We are here to work to help you recover what you deserve and get things back to normal as quickly as we can. Don’t hesitate to reach out for a free consultation. There are no costs or fees if no recovery.
