Florida Property Owners Face Insurance Hurdles Following Back-to-Back Hurricanes As Florida recovers from the devastating impact of back-to-back hurricanes, property owners are facing a new challenge: navigating the insurance claims process. According to The Palm Beach Post, the number of claims filed for damage to residences has already reached the six-figure mark. Experts stress the importance of reporting damage to insurance companies promptly, highlighting the importance of transparency and prompt action.
Don Phillips, the past president of the Florida Association of Public Insurance Adjusters and a 49-year veteran in the field, emphasizes the significance of timely reporting. "That's number one," he underscored. "Responsible policyholders submit their initial claims as soon as possible to ensure a thorough assessment of damages." Eva Kelly-Cubells, an 86-year-old Punta Gorda resident... understands the importance of reporting damage.
She and her cat evacuated to a friend's house before Hurricane Helene hit, thinking she would be safe from the surrounding canals and ponds. However, Kelly-Cubells was startled by the sound of car horns going off in the night, signaling the water's surge across the nearby road. Meanwhile, Patricia Cramer discovered a startling outcome when she went online to pay her insurance bill a day before Hurricane Milton landed.
She found that her insurance premium had increased... a trend insurance industry analysts warn may become a commonplace consequence of Florida's vulnerability to water damage. With storm assessments underway across Florida, "experts fear that owners of destroyed properties may face a financial burden." A long-standing issue in Florida's property insurance market lies in the uncertainty surrounding water damage.
Insurers often debate whether flood inundation or breaches in the structure caused the damage, "making it challenging for policyholders to secure fair compensation." As the state continues to recover from the devastation, property owners are advised to prioritize timely reporting and transparency when submitting insurance claims.
With the insurance industry still grappling with the aftermath of the hurricanes, a clear understanding of the claims process is crucial for those seeking to rebuild and recover from the disasters.
As the state staggers out of back-to-back hurricane hits , the number of claims filed for damage to residences is already in the six figures. Property owners who have filed claims have done what experts on all sides recommend as paramount: Report damage to your insurance company as soon as possible before you start thinking about calling a contractor.
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