Hurricane Ian left both calamitous and minor destruction in its wake.
Important tips to keep in mind before filing for an insurance claim after Hurricane Ian.
Several uncertainties are currently surrounding insurance claims, what to expect, and how to properly file.
Charles Gallagher, a consumer attorney informed Better Call Behnken that it is important to inform your insurer via phone or online irrespective of the severity of the damage. As a matter of fact, informing them now won’t make them deny your claim later on.
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For instance, those minor damages you overlook can, later on, become mold and your insurer will blame you for refusing to report it in the first place.
You also need patience because an adjuster might take a couple of weeks before coming to your house.
While waiting:
Make a record of the damages using videos and images for your insurance claim.
Avoid additional damages like employing an expert to cover your roof with tarps or using plastic to cover broken windows.
Make a record of the expenses you’ve made and have a receipt for every repair such as hotel, lodges, tree removal, tarps, or food.
Mark Jenkins from AAA advises watching out for individuals that might want to take advantage of your condition.
Jenkins stated that a couple of contractors may request that an assignment of benefits form be signed. This could be termed as fraud which is why it is important to be careful. Some contractors can also file for insurance claims concerning the work they didn’t do which could lead to disapproval of your claims, increased premiums, or lawsuits.
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The current insurance crisis in Florida is being pressurized by Hurricane Ian. Six insurers left the state last year alone.
Always remember that regular homeowners insurance policies do not cover floods. Flood insurance is required to be bought separately, but reports have revealed that only a couple of islanders do. The National Flood Insurance Program of the Federal Emergency Management Agency is responsible for selling most of the flood coverage in the United States.
Florida has two backstops to guarantee the payment of their claims for homeowners insurers having difficulties paying claims.
When an insurance company is unable to pay claims due to depleted reserves, the Florida Hurricane Catastrophe Fund intervenes.
For insurers going insolvent, claims are paid by the Florida Insurance Guaranty Association.
You can check out the state website at My Florida CFO to get additional information on filing claims if your agency is in receivership.
Jimmy Patronia, the Chief Financial Officer of Florida declared that the National Flood Insurance Program (NFIP) has been accredited by the Federal Emergency Management Agency (FEMA) for the approval of a waiver request that enables policyholders to have access to a percentage of their claim without enduring the entire claim process.
Patronis stated that currently, FEMA offered a waiver that will enable the policyholders of the National Flood Insurance Program to have access to advance payment of about $10,000 without the entire claiming process or an adjuster. This process helps go over a lot of stress and offers important finance to policyholders with the required information on FEMA that is related to the replacement or repair of NFIP-insured property. These upfront payments are beneficial in assisting Florida households to start the difficult rebuilding process.
This initiative offers policyholders of the NFIP Standard Flood Insurance about $5,000 for losses and development, or about $20,000 for policyholders with image proof and show personal expenses that are relevant to the replacement and repair of insured property under the Standard Flood Insurance Policy.
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