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…
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 title for this blog popped in my head based on a question sent into our firm about property insurance policy adjusting practices and procedures related to Hurricane Irma claims. Here is the question sent in from a resident in one hard hit area of Florida: Policyholder Question: I received a claim check from the…
If the inquiries coming into our offices are any guide, policyholders are receiving settlement offers for their insurance claims and many are not happy and in some cases shocked at the offer they are receiving. Most often we are told the offer does not remotely cover the cost of repairs based on estimates local contractors…
The following is an insurance claim question we answered for a policyholder through the United Policyholders Ask an Expert Forum. Q. In my original claim, my insurance company said that my 98 year old mother had replacement coverage. We’ve gone through her contents and submitted a statement of loss. In our findings, most of her contents were…
When there is a storm event such as the flooding in the Pensacola, Destin, Gulf Breeze and the Ft. Walton Beach areas we always get questions about how depreciation works. As public adjusters, we deal with this type of situation all the time when we are managing a policyholder’s claim. Deprecation is figured in a number of ways depending…
Here is an insurance claim question that we answered as a contributing member of experts for United Policyholders who advocates for property owners. Q. What, if any, should be acceptable ACV on a driveway and walkway on a personal residence? House was demolished by fire and working with adjuster on fair settlement value of these surfaces. Policy provides…