Three things all business owners should know about business interruption insurance and the claims process. One, make sure you can provide a financial statement showing what your business was making immediately before it was damaged or financials showing what the business was making for the last several months. Two, as a business owner, you’re entitled … Continue reading “Three Things All Business Owners Need to Know”

Three tips for safeguarding your important business documents during hurricane season. One, keep records electronically in the event that your business is destroyed by a hurricane. Make sure they are stored in the cloud where they can be accessed remotely from another location. Two, keep records of any inspections done to your property so that … Continue reading “Three Tips for Safeguarding Your Important Documents”

Three tips for business owners to do when preparing for hurricane season. One, check to see if you have a commercial property policy and not just a commercial liability policy. Two, check to see if you have the appropriate coverages depending on your type of business. For example, restaurants need coverage for spoilage if the … Continue reading “Three Tips for Business Owners for Hurricane Season”

Three ways to protect your home before a hurricane. Get hurricane-impact windows and doors. Get your roof inspected to make sure that it is secure. Make sure the exterior of your home is secure to protect against water intrusion during wind-driven rain. Got questions? I suggest you consult with an experienced insurance claims attorney.

Four things policyholders overlook about appraisals. Number one, appraisal is not always automatic. Some insurance policies require that both the policyholder and the insurance company agree to the appraisal process. Two, policyholders have to pay for their own appraiser, which varies depending on the size of the property and the complexity of the claim. This … Continue reading “Four Things Policyholders Overlook About Appraisals”

Three tips for handling insurance adjusters during the claim process. One, videotape the inspection. It is good evidence of the inspection that you can use later to refute insurance defenses that allege failure to cooperate or failure to show your property. Two, defer to any hired professionals like your attorney, public adjuster, contractor, etc. when … Continue reading “Three Tips for Handling Insurance Adjusters”

The number one thing you must do before hurricane season. It is always a good idea to review your insurance policy prior to hurricane season to make sure you have the necessary coverages for your home. Check your policy exclusions and endorsements to see if certain damages to your property are not covered during a … Continue reading “What to Look for Before Hurricane Season”

Three tips for understanding additional living expenses. They cover temporary housing at a hotel or property similar to your damaged home. It covers for expenses related to meals that were purchased outside of your home. Additional living expenses will only be paid up to the limit of your policy, which can be found under coverage … Continue reading “Understanding Additional Living Expenses Coverage”

Four ways to expedite your insurance claim. One, have a clear understanding of the cause of the damage, which can be shown from a report from a professional, like a contractor or an engineer. Two, have a clear breakdown of the cost of repairs from a general contractor or a similar professional. Three, make yourself … Continue reading “How to Expedite Your Hurricane Insurance Claim”

Four common insurance claim mistakes to avoid after a hurricane. One, not hiring a professional to evaluate your property damage. This is important since some damages are not obvious to the untrained eye. Two, not reporting the damage immediately. This is important since some homeowners will try to fix the damage, but realize the damages … Continue reading “Common Insurance Claim Mistakes to Avoid”