All Floridians should prepare hurricane supply kits now while the tropics are quiet. It is important to create a kit of supplies that you could take with you if you are forced to evacuate. This kit will also be useful if you are able to stay in your home, but are still affected by the storm, such as through the loss of power.
One common trend seen when hurricanes are approaching is wide-spread panic. When this happens, people rush in large numbers to get all the supplies they think they need. However, if you prepare your kit ahead of time, you can alleviate a lot of the potential stress of a very chaotic situation. You should keep your supplies in a bag or plastic bin that you can easily take with you. Here are some recommended items to include in your hurricane supply kit:
I recently read an article that included a shocking admission from an independent adjuster who adjusts property damage claims for insurance companies after hurricanes and other catastrophic events.
The adjuster outlined what Public Adjusters have always been aware of, however most policyholders are unaware of the practices that are employed in order to satisfy the companies they work for and to cash in on the high volume of claims assigned to them.
To accomplish this, the adjuster’s use what they refer to as churn and burn – consisting of fast inspections and writing estimates as quickly as possible while keeping them below a certain threshold in order to obtain more assignments.
This often requires omitting certain coverages that the homeowner is entitled to keep the cost of repairs to a minimum and is a disaster for policyholders who end up with disputed and denied claims.
Some of the practices employed in this process include adjusting up to a dozen claims per day; writing estimates so they fall below deductible; repairing roofs when a replacement is justified, not replacing doors or windows as needed; painting water damaged ceilings instead of replacing them and keeping drywall replacement to a bare minimum.
If you ever filed a property damage claim with your insurance carrier, you may have had this type of experience.
Tell-tale signs include: the adjuster barely speaking with the insured; adjuster not entering the house to inspect for interior or contents damage; adjuster only at the property for 15-minutes; the insured receiving a minimal payment which often falls below the deductible.
The downside for such practices is significant as a very-high percentage of policyholders accept the first settlement offer. Others will consult with a Public Adjuster or Attorney to help them fight for a fair settlement.
Ironically, when the carriers lobby the Legislature to increase premiums to offset their lost profit’s they blame public adjusters and attorneys for excessive litigation and out of control settlement costs. The comparison looks bad if the regulators are not aware that the initial claims were manipulated and significantly underpaid.
If you filed a property insurance claim within the last three years and feel this may have happened to you, contact Claims Aid Consultants at 1-888-24GET PAID for a Free Claim Review.