On Property Insurance Claim Tips Blog

Public Adjuster Interview – Preparing Your Hurricane Florence Insurance Claim

Public Adjuster Interview – Preparing Your Hurricane Florence Insurance Claim

I was happy to contribute to this interview regarding Hurricane Florence insurance claims. We already have an adjuster team in North Carolina and have opened an office in Wilmington, NC. We already know many home and business owners are dealing with serious losses and will need to file a property or flood claim.  Some are telling us they may not see an adjuster for weeks! There are a number of steps property owners need to take in the immediate aftermath of a storm to avoid insurance claim settlement problems. Many mistakes related to filing insurance claims occur immediately following the storm. And there are also some safety issues that need to be considered before folks start mitigating their loss. It’s also important for the policyholder to understand their insurance policy responsibilities and properly document their claim.

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Tips for Handling Your Hurricane Harvey Flood Claim from Public Insurance Adjusters

Tips for Handling Your Hurricane Harvey Flood Claim from Public Insurance Adjusters

I asked my talented staff of public adjusters to share some of the best tips they could think of for handling a flood claim. The following are some tips that hopefully will help folks should they have flood coverage.

Flood Damage Claim Tips

  1. Take photographs of all damaged content items including discarded objects, structural damage you intend to claim.
  2. Make a list of damaged or lost items by the room and include their date of purchase, value, and receipts.
  3. Take photographs of the water line (standing flood water levels) both inside and outside the residence. Note how long the water remained in the house if possible. 
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Public Adjuster Offers Insurance Claim Advice to West Virginia Flood Victims

Public Adjuster Offers Insurance Claim Advice to West Virginia Flood Victims

Anticipating the 100 year flood event that occurred in my native southern West Virginia was the last thing on my mind when I wrote and published my recent blog Troubled Waters – Insurance Claims Under Attack, about the “Troubled Water Claims” phenomena we are currently experiencing in Florida. But given the fact that Florida’s water problems and West Virginia’s terrible flooding disaster have one common denominator - water, I thought it would be helpful and hopefully educational to distinguish a flood event versus a water loss since these terms are often misused in the property insurance world. In addition, for those who do have flood insurance, we want to share some knowledge and information in the form of tips from my firm’s extensive experience in water/flood losses including our most recent work handling Super Storm Sandy flood claims in New York.

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South Carolina Flooding – Policyholder Questions Part III

South Carolina Flooding – Policyholder Questions Part III

Here is our 3rd and final installment of questions we are fielding from the flooding in the Columbia and Charleston, South Carolina.  Hopefully we can help others seeking similar answers with flood insurance claims issues.

Q.  How much drywall damage will my flood insurance pay for? Read More

South Carolina Flooding - Causation will become a key issue for insurance claims

South Carolina Flooding - Causation will become a key issue for insurance claims

While some media outlets are reporting that water is starting to subside in some of the hard hit areas of Columbia and Charleston, others are reporting on the dam failures that could compound matters and make things much worse.  If some of the media reports are correct, many of the good folks in South Carolina may be in for nasty surprises when they call their insurance agent or 800 numbers listed on their property insurance policies to file an insurance claim. As an example, Ben Berkowitz a reporter from CNBC posted South Carolina flood losses $1 billion and rising, about the damages and lack of homeowner flood insurance. 

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The New Federal Emergency Management Agency (FEMA)

The New Federal Emergency Management Agency (FEMA)

Well, maybe not new, but things are changing and we have seen this coming for some time. In our last blog Tampa Bay Residents Wait on FEMA we noted that staff from FEMA were in the area to inspect the flooding that resulted from three weeks of intense rain. Attempting not to jinx the process, I held off offering my opinion on the likely outcome of the FEMA inspection. But now we know FEMA has turned down requests from State and local officials to provide financial assistance to homeowners and businesses damaged due to the flooding.

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Water Damage Insurance Claims – Do You Think You’re Fully Covered?

Water Damage Insurance Claims – Do You Think You’re Fully Covered?
Water losses are by far the most frequent claims reported to the insurance industry. I suspect water losses are also the most frequent perils that impact property owners. Since many are not reported however, we really have no accurate data to determine the full scope of damages that water causes notwithstanding the CLUE reports (Comprehensive Loss Underwriting Exchange) that are filed for reported claims. Yes, both you and your claim data are being stored and indexed by big brother insurance. Who would have thought with all the privacy concerns that your prior property loss information is stored and shared! With flooding everywhere in the southeast and especially Florida and the Tampa Bay, St. Petersburg area due to a stagnant weather low system, it seems timely to cover a few of the issues policyholders are facing with water losses and their insurance claims.Read More

Florida Panhandle Flood Victims without Flood Insurance Still Have Options

 

Watching some of the video clips posted on the Pensacola News Journal website that shows the extensive flood damage in Pensacola, Destin, Ft. Walton Beach and surrounding areas, I was reminded of the thousands of homes flooded in Super Storm Sandy and the insurance claims that ensued. The one common denominator both events share is the large amount of debris piled up in the front yards of neighborhoods. Those piles of personal property, drywall and other interior building components are the tell-tale signs of flood damage.  Looking at the homes and buildings from the street or from the air in a lot of cases would not reveal the extent of damage as roofs, windows, and exterior building cladding were still intact.

 

 

 

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