Hurricane Ian has left the southeast a mess with homeowners and businesses wondering what to do next and how they will get past such a horrible event. With wind and hail insurance companies for many coastal areas adding previsions increasing the homeowner’s deductibles and setting new limits on what they are willing to pay you may get caught off guard. You may actually have no idea what your coverage is because of many changes hidden in your renewal paperwork. Let’s be honest how many of us even know what we are reading half the time in our policies.
Its very likely with an estimated between $50 and $65 billion in insurance claims resulting from Hurricane Irma that insurers are going to do their best to avoid paying out as much as possible. Some will try to throw the “anti-concurrent causation” clauses at you when there is both wind and flood damage. What this says is if there is uninsured flood damage at the same time as wind damage that you aren’t covered for any of the wind damage. This is just an example but with a public adjuster, you will have someone fighting for you that understands how the insurance companies work.