The State of Florida alone has seen more than $70 billion in insured catastrophe losses since 1987. Florida is number one when it comes to losses, beating out Texas and New York. Our state has almost 1 and a half million homes which are susceptible to storm-surge damage, meaning that $386.5 billion worth of property is exposed to high waters.
Hurricanes and natural disasters are a fact of life for us in Florida. Many homeowners have insurance but do not know what to claim for, or how to claim. That is where the experts at The Berman Law Group Step in. Check out our list of the four most important claims below.
- Flooding Damage
Private homeowners’ insurance policies rarely cover flood damage. This includes flooding due to a hurricane. It is vital that you read your insurance policy very carefully, to gauge how protected you are in the likely event of a storm surge. If you do have flood insurance, you may have it through the National Flood Insurance Program, which in turn is run by FEMA. In Florida, there are 20 insurance companies which carry some form of flood insurance.
There are claims to be made. If a hurricane’s winds tear a hole in your roof or anywhere else on your house, you may have a claim. Rain will come in as a result of the hole. The damage that this water causes may be covered in your insurance policy. We cannot reiterate enough how wise it is to check your insurance policy.
In addition, you must be willing to take certain measures to fight for your stability. Insured property owners should be getting some form of compensation for damage caused by a hurricane. There are many factors involved in insurance claims, and you do not know how much your claim will be worth without an expert on your side.
- Wind Damage
Wind damage is usually covered in a standard homeowner’s insurance policy. Some policies do not carry any protection for wind-related damage. Should your policy cover you for wind damage, it may include a separate hurricane deductible which is higher than your standard deductible. It will prove sagacious to check if there are any coverage limits.
Insurance companies are more concerned with their profits than your wellbeing. If they can claim that damage to your home was caused by the water, and not the wind, then they likely will. In these situations, turning to a lawyer who will fight for you will be more than worth it.
Unfortunately, some people use natural disasters as a pretext to take other people’s belongings. After a hurricane, some rush in to help and others rush in to steal. Even after a hurricane, your homeowners’ insurance may still cover the value of your possessions. While you cannot replace a beloved family heirloom, you can make sure that there is some coverage for it.
- Residence and Transportation
It is a good idea to heed any and all mandatory evacuation orders from your local or state government. If you do evacuate, your insurance may help you out. Many insurance policies carry an ‘additional living expense’ section of a policy, which means that they might cover the costs of travel, living expenses, or food costs.
It is a good idea to keep receipts of the restaurants you patronized and the places you stayed at. If you are staying at a friend’s house, this coverage probably will not kick in. Many policies provide for about 20% of the insurance for your home. Florida insurance companies are not required to pay for these additional living expenses up front.
If you have any questions about insurance claims, call the experts at The Berman Law Group. We can fight for you. Contact us at (800) 883-5206 today.