2016 Hurricane Season. 2016 Hurricane Season Will Be Close to the 30 Year Average The 2016 Atlantic hurricane season is here and the forecast calls for a storm season close to the historical average.
Property owners in South Florida and along the US Atlantic and Gulf coasts would be wise to take note. Now is the time to prepare your property for the possibility of a hurricane or strong tropical storm making landfall and potentially causing damage. The Atlantic hurricane season runs from June 1 through November 30 with peak storm activity occurring from July to October. The National Oceanic and Atmospheric Administration’s (NOAA) Climate Prediction Center has predicted the formation of 12 named storms with five of those developing into hurricanes and two into major hurricanes this season.
A major hurricane is one of Category 3 or stronger. Interestingly, these predictions to not include Hurricane Alex which formed in January. Sinkhole Coverage. Are You Covered Against Sinkhole Damage?
A sinkhole can be a frightening occurrence, especially for a homeowner. Sinkholes occur when a hole or depression opens in the ground and they are caused by the collapse of an underground surface layer, which in turn is caused by water dissolving underground layers of soil and rock (usually limestone in Florida). These depression can be anywhere from 1 to 600 meters in diameter and depth. In Florida sinkholes are an unfortunate reality. To protect property owners, the law in South Florida requires all property insurance policies to cover what is called catastrophic ground cover collapse. The ground collapse occured suddenly The ground collapse is clearly visible The structure of the property is damaged A government authority has condemned the property and ordered its evacuation That last requirement is key, because if the property is not unfit to be occupied, the catastrophic ground cover collapse coverage will not kick in.
Sinkhole Coverage. Property Insurance. Homeowner’s Insurance Basics You have brought your dream house, now it’s time to buy homeowner’s insurance coverage to protect what may be one of the largest investments you make in your lifetime.
How much coverage do you need? What is covered? Right to Repair. Does your property insurance policy include a “right to repair” clause – sometimes called “option to repair”?
If you do not know, look under the “loss payment” portion of your policy where right to repair clause is usually found. On the surface that term certainly sounds like something that will be beneficial to you, but in reality it is a euphemism that grants your insurance company control over who will repair your damaged property. The concept of right to repair has been around for some time. Recently Florida insurance companies have been making it part of their regular process.
The problem with this approach, from the point of view of the property owner (it generally works out great for the insurer) is that your insurance company is interested in repairing your damaged property for as little money as possible. Furthermore, you have no control over the payment to the contractor and therefore have no control over the work. Underpaid Claims. Don’t Settle for Your Insurance Company’s Underpayment Unless you have experienced property damage in the past, or have some expertise in estimating the cost of property damage, you may not even be aware if your insurance company is underpaying your claim.
Without someone with that expertise working on your behalf, you may be opening yourself up to be taken advantage of. Christmas Tree Fires l Guardian Adjusting Florida. The holiday season is here!
This is the time when families get together to cherish the holiday spirit and what better way than decorating the family Christmas tree. Here, in the U.S., it is tradition, and putting up a Christmas tree every December helps to keep the holiday spirit alive. Did you know there are over 230 fires associated with Christmas trees every year? A Christmas tree can bring much happiness and joy to your home, but it can also be a potential fire risk. According to the National Fire Protection Association, Christmas tree fires are a major cause of personal injury and property damage every holiday season. Insurance Fraud. Insurance Fraud Costs Insurers and the Insured According to the FBI, insurance fraud is estimated to be over $40 billion dollars each year.
That number does not include health insurance fraud. Property insurance fraud accounts for about $32 billion of that. Five to ten percent of all insurance claims paid are fraudulent and one third of insurance companies say that number is closer to 20% for them. According to these estimates, insurance fraud costs the average American family anywhere from $400 to $700 every year. Have you prepared your Home for Storm Season? If you are like most folks you wait until a storm is imminent to start making sure your home is secure.
In many cases, by then, it is too late. Taking the time before hand to secure your home can bring you great peace of mind. If you are preoccupied that your home is not prepared for the punishment doled out by severe storms, here are some steps you can take to prepare. Imagine a storm is hitting now. Don't wait until you hear a hurricane, tornado or the mother of all storms is coming. You don’t want to be in the long lines at the grocery store days or hours before a major storm.
Hiring a Public Adjuster. Picking the Right Public Adjuster Most people do not realize that when your home or business is damaged, you must document the claim.
This means that time has to be spent listing all of the loss, item by item, and determining the cost to replace or repair everything. Mold Damage Claim Miami. Learn the Facts Before Filing a Mold Damage Claim in Miami Mold contamination is not to be taken lightly.
Left unchecked it can cause serious illness and property damage. The introduction of mass-produced building products and tract home construction techniques in recent years has only exacerbated the problem, making buildings more susceptible to developing mold infestation. If active mold growth is extensive and persistent it has the potential to cause irreparable structural damage. The monetary ramifications of a mold contamination in your home can be dire. What are the most common areas where mold damage may be found in your home? Although most people associate shower stalls, bath tubs, and basements as the main culprits for harboring mold, the unfortunate truth is that any area that collects moisture in the home can be a breeding ground for mold. Roof Leaks and Water Damage. Does Your Policy Cover Roof Leaks? When it comes to water damage, homeowners’ insurance policies become a bit complicated and specific.
Damage from flood waters, which insurance companies define as being caused by rising water from an existing body of water entering a property, requires a seperate flood policy to cover it. Conversely, if your living room becomes “flooded” by rain water coming in through a leaky roof, a flood insurance policy won’t help. The majority of property insurance claims are for water related events, yet most policyholders do not have a clear understanding of what water damage they are covered for.
Storm Season Tips. What To Do After a Storm! While your first instinct following a disaster may be to start cleaning up, it is important for your insurer to have an accurate account of the destruction. Before moving any debris or removing damaged belongings, make sure to take photos or video of the damage. Make a list to document your losses. If possible, save damaged items for your before contacting Guardian Adjusting Services. Flood Insurance.
Before and During a Fire. Fire Safety Tips That Can Save Lives It is not just the flames that can kill in a fire. Just as dangerous, or even more so, are the smoke and heat. What makes fires even more dangerous is how quickly they can spread and get out of control. Claim Process. The property insurance claim process in Florida can be tedious and exhausting. You often end up butting heads with the insurance company on a number of points while they drag their feet getting your claim processed and your property repaired. This can sometimes lead to bad decisions on the part of a frustrated or desperate homeowner. Public Adjuster Responsibilities. The Guardian public adjuster's main responsibilities are to: Evaluate existing insurance policies in order to determine what coverage may be applicable to a claim Research, detail, and substantiate damage to buildings and contents and any additional expenses Evaluate business interruption losses and extra expense claims for businesses Determine values for settling covered damages Prepare, document and support the claim on behalf of the insured Negotiate a settlement with the insurance company on behalf of an insured Re-open a claim and negotiate for more money if a discrepancy is found after the claim has been settled Typically a policyholder hires a Guardian public adjuster to document and expedite their claims, obtain a more satisfactory claim recovery, more quickly, and completely restore their residence or business operations, and insulate themselves from the stress of engaging in an adversarial role with a large corporation.