Our Miami homeowners' insurance claims lawyers have found that Florida residents continue to pay some of the highest homeowners' insurance premiums, despite the fact that if we emerge from this hurricane season without a significant storm, it will have been 10 years since the last hurricane hit the state. The massive storms of 2004 and 2005 inflicted billions in damages. Residents were not surprised when homeowners' insurance rates skyrocketed after these rough years, many no one expected them to stay this high.
Many residents and consumer advocates are calling for an explanation as to why rates remain so high. The insurance company has cited to recent sinkhole claims, but these have since tapered off. Instead, a new explanation is being offered-the cost of rebuilding a home has risen. However, even this rationale seems lacking because homeowners' insurance companies have not had to often pay these high rates due to a lack of weather related disasters striking the state.
The following is a look at some of the struggles faced by Florida homeowners:
- Providing sufficient documentation: One of the biggest obstacles homeowners face when filing a claim is providing sufficient documentation. Without enough documentation of the damage and losses, your claim will likely be denied. It is best to treat your damaged home almost like a crime scene. Take photographs of the damage before any repairs are made. Fill all paperwork out thoroughly and carefully. Consult with an attorney to be sure your claim is filed right the rights time.
- Confusing verbiage: Insurance policies are not always easy to understand. Homeowners may have trouble interpreting exactly what their policy covers and they could file a claim for something not covered due to the confusing language of the policy. This is why it is important to consult with a homeowners' insurance attorney early on so that he or she can assist you in deciphering your policy to file the strongest claim possible.
- Denials: It is not uncommon for the insurance company to originally deny your claim. This could be due to a wide variety of reasons, some of which include simply mistakes in the paperwork. If your claim has been denied, it is time to seek the assistance of a licensed homeowners' insurance lawyer who can help you to fight the denial and obtain compensation.
Greenberg, Stone, & Urbano: Put Our Over 130 Collective Years of Experience to Work on Your Case!
Florida homeowners deserve to obtain coverage for their covered losses after faithfully paying high premiums, often for many years. If your home has been damaged and you need assistance seeking coverage from your homeowners' insurance company, contact the Miami Homeowners' Insurance Attorneys at Greenberg, Stone & Urbano. We have over 130 collective years of experience representing homeowners against the insurance companies across South Florida. From the moment you contact our firm, we will fight to see that your case receives the care, dedication, and hard work it deserves. We are honored to have received a coveted AV rating from Martindale Hubbell and the Miami Herald's ranking as a top firm in South Florida. Put our outstanding homeowners' insurance lawyers to work on your case. Call us at (888) 499-9700 or (305) 595-2400 or you can visit our website to schedule your initial consultation.