It was the largest hurricane to hit the State of Florida since the turn of the century. While much of South Florida was spared a direct hit from Hurricane Irma, the enormous storm still managed to leave behind its share of property damage throughout Miami-Dade and Broward Counties. In addition to more than 1.5 million people without electricity, countless South Florida residents suffered windstorm damage to their homes and cars. Many neighborhoods also experienced floods, which led to extensive water damage. Even if you have homeowner’s insurance, no single policy can possibly cover every single piece of windstorm damage. Here are some tips to help homeowners receive the maximum insurance settlement.
Review Your Insurance Policy
One of the biggest mistakes homeowners make is filing a claim before actually reading their insurance policy. Although most homeowner’s insurance policies cover water damage, broken windows and blown off shingles, they will not cover water damage from floods. Another common mistake is believing you have enough money to cover small repairs. However, the truth is windstorm damage can be much more extensive than what you see with the naked eye. Some repairs can be far more complicated than they appear. The key is to be as thorough as possible before filing your claim.
- Take plenty of pictures and video of any damage
- Make an inventory of any damaged or lost items
- Keep receipts of any damaged or lost items
Do You Know Your Hurricane Deductible?
Simply having hurricane damage does not mean your insurance company will cover all of your damages or losses. First, it is important to know your policy’s hurricane deductible. Your deductible indicates the amount of money you must pay before insurance policy can cover any hurricane damage. All losses and damages caused by the hurricane need to be properly assessed. Keep in mind any damages or losses that were not hurricane-related will not count. It is also important to note the deductible applies only once during hurricane season. All insurance companies in Florida are required to offer deductible options of $500, 2 percent, 5 percent 10 percent of the value of the dwelling. The percentage used will be determined by the value of the property.
How Do I File a Claim for Water Damage?
When it comes to water damage claims, not everything is simple. For example, homeowner’s insurance will generally cover water damage caused by a leaking roof or a broken window. However rising water is only covered by flood insurance. This is important because the most serious hurricane damage is often caused by storm surge. If your home has water damage caused by a flood and you do not have flood insurance, you can apply for a grant or loan through FEMA. To be eligible, you must not live in a designated flood zone.
Has Your Hurricane Insurance Claim Been Underpaid or Denied? Miami Home Insurance Lawyer Jonathan Korin Can Help
It only takes one major hurricane to destroy everything you have worked hard to earn. The last thing you should ever have to worry about is your insurance company denying or underpaying your claim. Unfortunately, it happens far too often. Miami insurance claims attorney Jonathan Korin understands the frustration of dealing with insurance companies. He and his legal team at Korin Law, P.A. are committed to helping each client recover the proper insurance settlement they deserve. Whether your home has suffered windstorm damage, water damage or roof and pipe leaks, the legal professional at Korin Law can help. To learn more, contact their Miami law office today and schedule a consultation to discuss your case.