By now folks in Panama City and surrounding areas hit by Hurricane Michael, are finding out how little they are going to get paid for their insurance claim damages. Our office continues to receive calls and emails from policyholders seeking help and answers about their property insurance losses. Predictably, a lot of the frustration from…
If the feedback we are getting on the ground in Panama City and the inquiries coming into our offices are any guide, policyholders are none too happy with the settlement offers they are receiving for their Hurricane Michael property damage claims. Most often we are told the offer does not remotely cover the cost of…
The following is an insurance claim question we answered for a policyholder through the United Policyholders Ask an Expert Forum. Q. We are survivors of Hurricane Maria. Our property sustained severe damages from the wind and rain. The insurance company´s adjuster reports damages amounting to $36,000. But they are only offering $10,000 arguing that we failed to…
y now folks in Florida are finding out how little they are going to get paid for their insurance claim damages from Hurricane Irma. Our office is being bombarded with calls and emails from policyholders seeking help and answers about their property insurance losses from Hurricane Irma. Not surprising a lot of the frustration is…
The following is an insurance claim question we answered for a policyholder through the United Policyholders Ask an Expert Forum. Q. Does the insurance company pay Overhead & Profit to the insured in Florida for reconstruction of property damage? What percentage is allowed? A. On the surface this is a simple straight forward question but not always a…
Q. Could one choose to have a larger deductible on hurricane insurance? For example; a 20% or 30% deductible on a $100,000 home? What would be the savings as opposed to a 10% deductible? A.I suspect this is one issue that will be on a lot of people’s minds after Super Storm Sandy and the expected…