Hurricane Sally estimated to have cost Gulf Power $200 million to restore electricity
Source: Pensacola News Journal
Photo credits: Tony Giberson
Gulf Power faced an estimated $200 million in costs to restore electricity after Hurricane Sally hammered parts of the Panhandle last month, the utility’s parent company told analysts Wednesday during a quarterly earnings call.
While the estimate remains preliminary, Gulf likely will be able to seek approval in the coming months from the Florida Public Service Commission to recoup the money from customers. Hurricane Sally made landfall Sept. 16 in Gulf Shores, Ala., and caused massive flooding and damage in Pensacola and other areas of Florida’s western Panhandle.
If you have experienced an insurance loss from a hurricane, 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.
At ILG, our experienced and aggressive attorneys 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.