Your property has been damaged and you need money to fix it. Most likely, you’re going to turn to your insurance company for help. Why else have you been paying them, right? Many property owners assume that their insurance company will simply shell over the money they request for damages
Property damage claims can be the difference between recovering after a disaster and going bankrupt. A denied claim can cause serious financial problems for businesses and individuals alike. Luckily, a denied claim isn’t the end of the road. It’s possible to reopen many denied property damage claims. However, it’s important
When your property is damaged by disaster, accident, or vandalism, it’s time to file an insurance claim. You shouldn’t, but if you decide to deal with the insurance company on your own, you’ll need to gather photos of your property, bills, and other documentation to send over. And then, most
No one wants to have to deal with their insurance company, but if your house has undergone serious damage, it must be done. Don’t rush through the process though. Decisions about home insurance claims are often made within a month after they are filed. If you make a mistake on
According to the Florida Office of Insurance Regulation, approximately 30% of claims made after Hurricane Irma, and almost 14% of claims made after Hurricane Michael, were closed but not paid by insurance companies. Closed and not paid is a denial of the claim. In addition to flat out denials, many
According to the National Oceanic Atmospheric Administration, out of the 15 named storms in 2018, eight of them were hurricanes, and two were above Category 3. An average hurricane season has roughly 12 named storms, six hurricanes, and three major hurricanes. Last year, Hurricane Michael left Florida with $6.2B dollars
Estimated Insured Losses Exceed $6.2B For reporting period through April 26, 2019, according to the latest Hurricane Michael claim information provided by The Florida Office of Insurance Regulation (FLOIR), more than 146,000 property insurance claims have been filed by insureds. Total estimated insured losses exceed $6.2B. The vast majority of
The Downside to Homeowners & Anyone with Interest in Well Maintained Property: An Example of How Homeowners May Now Pay Out-of-Pocket for Emergency Services On April 24, 2019, The Florida Senate voted 25-14 in favor of Senate Bill 122 Assignment of Benefits (AOB) Reform. Note that SB 122 got a
On April 24, 2019, The Florida Senate voted 25-14 in favor of Senate Bill 122 Assignment of Benefits (AOB) Reform. Note that SB 122 got a lot of attention but ultimately it was the house bill, HB 7065 that passed. Read the history and full details of SB 122 on
Questions to Ask Public Adjusters If you receive a check from your insurance company for Hurricane Michael property damage, take the check so you can begin your repairs. However, don’t sign a release until you know for sure that the insurance check covers all of your property damage (reasons why
Please note: We currently only work with clients who have property damage insurance claims (no auto claims or uninsured claims).
