On Property Insurance Claim Tips Blog

Ever Wonder What Happened to Your Hurricane Matthew Insurance Claim When the Adjuster Left?

Ever Wonder What Happened to Your Hurricane Matthew Insurance Claim When the Adjuster Left?

Many people might be surprised that having an adjuster look at your claim is only the beginning of the insurance claim process. Remember, the field adjuster that inspected your property may not be an employee of the insurance company. They are typically independent adjusters on contract and typically are paid a set fee or percentage for each claim they handle. This is especially true during disaster situations when there are so many claims to adjust. 

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Policyholder Question – Refusal to Pay Insurance Claim and Withholding Appraisal Award Check

Policyholder Question – Refusal to Pay Insurance Claim and Withholding Appraisal Award Check

The following is an insurance claim question we answered for a policyholder through the United Policyholders Ask an Expert Forum

Q. I live in Florida and have had an extensive water damage/mold claim that I hired a public adjuster to handle. The insurance company invoked appraisal and the out-of-state umpire determined that mold was accountable for $15,000 of damage although our mold remediation bill totaled $9,500 (we have a mold cap of $10,000 per claim). Secondly, the bathroom tile floor was damaged during remediation and was included as part of the umpire's award. However, the insurance company is refusing to pay the $4,300 floor tile repair portion of the award stating that I must abrogate against the mold remediation company to recoup that loss. Third, my public adjuster is holding the check issued by the insurance company hostage, insisting that I pay his fee prior to endorsing it over to the mortgage company. Please help!.....click to see answer.

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Tampa Flood Homeowners Should Beware of Mold – Is it Covered?

Tampa Flood Homeowners Should Beware of Mold – Is it Covered?
Those who experienced any type of water intrusion from the recent Tampa Bay rain and flooding may experience mold infiltration. When claims are delayed and repairs put on hold it can become a real problem as mold can grow unseen for months and create a serious health hazard. In the past, mold damage claims were covered under most property insurance when it resulted from a covered peril, such as a sudden plumbing leak, fire control, storm or other cause covered by your property insurance policy. However, some insurance carriers have been removing or scaling back the coverage from their policy forms regardless if it results from a covered peril. In some instances, the insurance companies offer a limited coverage for mold and fungus for an additional premium. Read More

Policyholder Question: Insurance Claim Repair Delays

Policyholder Question: Insurance Claim Repair Delays

Q. How can we make sure our insurance company is moving ahead with our repairs, etc?  Right now, everything seems to be on hold until they can get a joint inspection with our contractor's insurance company. Our house has been sitting for over a week with no heat, no electricity, etc., while we wait for this joint subrogation inspection.

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