On Property Insurance Claim Tips Blog

Panhandle Flood Victims Need to Understand the Nuances of Flood Insurance

On April 30, 2014, Governor Rick Scott signed Executive Order 14-144, declaring a state of emergency for the following Florida counties: Escambia, Santa Rosa, Okaloosa, Walton, Holmes, Washington, Bay, Jackson, Calhoun, Gulf, Liberty, Franklin, Gadsden, Leon, Wakulla, Jefferson, Madison, Taylor, Hamilton, Suwannee, Lafayette, Dixie, Columbia, Gilchrist, Levy, and Alachua. A copy of the executive order can be found here: Executive Order 14-144 - Emergency Management-Severe Weather and Flash Flooding.

For those who have flood insurance, we encourage you to review and pay close attention to your flood policy’s terms and conditions. The policies issued by the National Flood Insurance Program (NFIP) are unique because they fall under a Federal Government program with its own rules and regulations. As an example, the NFIP policy requires you to file a proof-of-loss within 60 days of the flood event. In layman terms, you must have figured out your loss and arrived at a sum certain amount to put on a document called a “proof of loss” and have it submitted to the appropriate person handling your claim. Unless this time period (60 Days) is waived by an authorized official of FEMA/NFIP the claim may be denied in total for failure to comply with the policy terms and conditions.

There are many other conditions and definitions found in these polices you need to be aware of which if violated may void your coverage. If your policy was destroyed or lost, these forms can be viewed on the FEMA/NFIP site. Also, be aware that detailed records are maintained by NFIP regarding any past losses. The details of your prior claim(s) will be given to the new flood adjuster and they will determine if prior damages have been repaired before paying for any new claim. A flood certified adjuster will also take serial numbers of any appliances you are claiming and the information will be stored in their records for future loss verification. Pay particular attention to your duties after a loss as outlined in your policy. Also be aware that “coinsurance” provisions (a penalty) may be an issue if you are not insured to value.

If you have questions regarding any property insurance related issues please call 800.321.4488 or contact a public adjuster to submit a question to one of our insurance claim experts. As always, the public insurance adjusters at Tutwiler and Associates are here to help with any questions you may have. Please visit www.PublicAdjuster.com to stay updated on the insurance claims process and tips for your insurance claim. #PensacolaFlooding #DestinFlooding #FtWaltonFlooding #GulfBreezeFlooding #TampaFlooding

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