On October 10th, 2018, Hurricane Michael slammed into the Florida Panhandle, Panama City, and Mexico Beach. These areas were devastated by Hurricane Michael – the most powerful storm to hit the Florida Panhandle since 1950. Hurricane Michael affected 1.3 million homes. As a result of the storm’s Category 5 winds, residents suffered extensive wind and water damage to their roofs, and throughout their entire property.
There are more than 100,000 Hurricane Michael claims that have been closed out and paid. Unfortunately, having a claim closed out and paid could just mean that the insurance company paid “something” on the claim, but did not pay what the property owner needed to repair the roof damage or other property damage and make them whole again. This could result from:
- Overlooking some of the damage.
- Denying payment on some of the claim citing that damage was not caused by the hurricane or is not covered under the policy.
- Undervaluing the claim itself.
That is why we believe that when the insurance carrier say “closed and paid” could really mean closed and UNDERPAID.
There are more then 15,000 claims that have been closed and not paid. These are referred to as denied claims. The insurance company may deny a claim based on their belief that damage was not caused by Hurricane Michael or based on the belief that the policy doesn’t cover that specific cause of loss.
Time and time again we hear from local residents in Panama City, Mexico Beach, and other areas in and around the Florida Panhandle that the insurance carrier only paid out enough to cover a patch for the roof or only enough to partially repair damages to their home.
This is why it is important to hire a public adjuster who has your best interest in mind. A local Lincoln Public Adjuster will represent you against your Insurance Carrier for your Hurricane Michael Homeowners Insurance Claim.
Lincoln Public Adjusters have helped hundreds of local residents with their underpaid or denied Insurance Claims. If you think your Homeowners Insurance claim has been underpaid or denied reach out to us now for a free claim inspection.
As the insured you have options.