Due to Hurricane Ian, Florida recently experienced tremendous floods, strong winds, and lots of misery. The greatest hurricane to hit Florida in 50 years undoubtedly produced millions, if not billions, of dollars' worth of destruction and will strand thousands of Floridians with horrible wreckage, injuries, and fatalities.
Only a few days after Hurricane Ian, a lot of the locals are now starting to assess repair costs, phoning their insurance providers, and hope they can figure out a way to cover these expenses.
Here are some precautions from Brooks Law Group that you must take amidst Hurricane Ian.
Calculating Deductibles of Hurricane
The state of Florida permits insurance providers to include hurricane deductibles in homeowner's policies. Insurance companies may demand high hurricane deductibles than the industry standard of 5% in some coastal regions with significant risk. In order to lower their rates, several jurisdictions allow policyholders to select high hurricane deductibles. Depending on the precise benchmark used by your house insurance carrier or state insurance authority, a hurricane deductible may or may not apply to a claim.
If you're unsure if your house is protected against storm threats, check your policy or contact your insurance provider.
Florida and Insurance Coverage Plans
The US government's National Flood Insurance Programs provide flood insurance, and private insurance groups sell and administer the policies. The removal of the trees that fell during the storm may be covered by your insurance provider, but they won't pay for damage to your property caused by rain that got inside. It's crucial to discuss your insurance plan with a competent insurance advisor who can ensure that your house is appropriately insured under the best terms and circumstances feasible.
Is it a Good Time to Buy a Coverage Plan?
Brooks Law Firm, an American law group suggests that it not viable to obtain coverage before a significant storm. For instance, flood insurance is not effective until 30 days following the date of purchase. This waiting time was created for the precise purpose you imagine: to stop people from rushing out and purchasing it as soon as they anticipate a need. Before making a payout, insurance firms want to pay them for a few decades.
What about Car Insurance in a Storm?
There are various waiting periods for additional coverage, such as winds and hurricane insurance, depending on the company. However, the likelihood that any insurance you buy right now will protect you for a storm that is coming your way in a few days is extremely low to nonexistent.
How Much Hurricane Ian Costed Florida?
After all is said and done, Hurricane Ian is predicted to cost Florida between $55 billion and $65 billion. And if past events are any indication, there may be much more.
After hitting Florida, Hurricane Ian flooded large cities and destroyed houses. And regrettably, the harm will only become worse.
Hurricane Ian intensified from a tropical storm to a Category 4 hurricane before making landfall in Fort Myers, Florida, and moving all the way through the state.
The damages are now being calculated by the authorities. According to Chuck Watson of Enki Research, the storm could cause up to $67 billion in damages to the United States. The storm would have destroyed agriculture and other industries in addition to wrecking houses and infrastructure.
The historic storm destroyed houses and businesses, wrecked roads and bridges, and caused chaos for regular homeowners and business owners.
President Joe Biden authorized a major disaster designation for Florida on Thursday, letting the state to receive greater federal assistance. As state and municipal officials evaluate the harm inflicted by Hurricane Ian, Biden committed to assist them. Additionally, he stated that the federal government will pay for the complete cost of cleaning the rubble and reconstructing public structures like fire stations and schools.
Additionally, the government will offer assistance to those whose houses have been damaged or destroyed.
Attorneys at Brooks Law Group
Stephen K. Brooks created Brooks Law Group, PA in 1992. Martindale Hubbel has given Brooks an AV rating, the best possible for ethics and competence. The Brooks Law Group now comprises seven attorneys, four offices, and thirty employees.
The practice areas of Brooks Law Group include wrongful death, truck accidents, motor vehicle and motorcycle accidents, and injury law. One of the top 100 judgments in the state of Florida in 2021 belonged to Brooks Law Group. Cases involving automobile, truck, motorcycle, and drunk driving accidents, substandard medications, incorrect prescriptions, rejected SSDI claims, and veterans' disability benefits are all handled by the legal firm.
For its clients, Brooks Law Group, PA has successfully negotiated a number of sizable settlements, including settlements of $2.25 million and $1 million for wrongful death resulting from a traffic accident.