Hurricane Insured Losses Top $5 Billion
As of Friday, insurers reported 141,039 claims from the storm in October, which estimated insured losses of $5.023 billion. So far, 73 percent of claims have been closed from the storm that made landfall in Mexico Beach and destroyed Panama City.
On Monday, Gov.Ron DeSantis said he will return to the region Wednesday to see the damages and is expected to be joined by the Federal Management Agency Administrator Brock Long. The largest number of claims involved residential property, 94,419.
The highest amount of claims come from Bay County with a total of 84,526 claims. Bay is followed by Jackson County with a total of 13,722 claims; Leon County, with 9,577 claims; Gulf County, with 8,037 claims; Gadsden County, with 5,860 claims; Calhoun County, with 3,998 claims; and Franklin County, with 2,179 claims.
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If you have experienced an insurance loss from #HurricaneClaim, don’t be surprised if the insurance company’s first reaction is to claim that your damage is due to some pre-existing condition or assert that your claim is not covered under the terms of your policy or even cancel your policy based on recently-discovered “errors” in your application. But don’t worry.
Experienced and aggressive attorneys from ILG are on your side and will advocate on your behalf to see that you get the benefits you are entitled to. At ILG, we take the time to analyze and interpret your policy and understand the full measure of damages available to you. We work with construction experts, restoration professionals and others to determine the facts.
Don’t delay and contact us today for a free consultation in Florida. The Insurance Litigation Group will walk you through the terms of your insurance policy and help you recover the full extent of your covered losses.