Although most people in storm-prone South Florida may have trouble believing it, water-damage claims are the most common type of homeowner’s insurance claim that any insurer receives in a given year. Depending on the year and how active a hurricane season has been, water-related claims can constitute nearly 80%-85% of all claims in any given year for most insurers. Part of this is due to the aging infrastructure in South Florida, which is composed nearly 100% of cast-iron pipes that wear out sooner than their intended lifespan in the heat and the sandy soil in Palm Beach County and Florida more generally. This is also due to the fact that the torrential rains in South Florida can lead to flooding inside your home, regardless of whether it comes in under the doors or through a window or a small hole in your roof. The simple truth is that water damage and flood claims, whether related to a downpour or other storm, a burst or clogged pipe or some other cause, are more likely to happen than virtually any other type of loss to your home. Given that many insurers are attempting to make it more and more difficult to recover the full cost of the repairs necessary if you experience a pipe break, water loss or flood, retaining an experienced South Florida insurance public adjuster like David Flaks of PubAdjuster is all the more important if you experience a water or flood loss.
Unique Insurance Issues with Water Damage and Flood Claims
Flood claims must be handled carefully because homeowner’s insurance typically will only cover water damage due to pipe breaks. This is becoming more limited as many insurance companies are excluding water damage or limiting the payout amount. Flood damage is covered by flood insurance, which is an additional insurance coverage that a homeowner can add. Windstorm Insurance covers wind-driven rain that enters a home and causes damage due to a named hurricane.
Water damage claims related to pipe breaks or pipe leaks is largely depending on each homeowners insurance policy. Some policies exclude all water damage claims while newer homes may have full coverage.
Given so many nuances as to the amount and type of coverage available for water damage or flood claims, it is imperative that you contact an experienced insurance public adjuster if you have experienced a pipe or water claim in South Florida. David will be able to review your insurance policy and let you know if you have an insurance claim worth filing. This is the only way you can ensure you maximize your recovery from losses that can cost tens of thousands of dollars.
Contact David Flaks of PubAdjuster if You Have Experienced a Water Damage and Flood Claims in South Florida
Water damage and flood claims are the most common type of homeowner’s or property insurance claim there is. However, there are often special policy provisions, endorsements, and exclusions or even different types of insurance that may apply to these types of claims, so you need an experienced insurance public adjuster on your side if you have a flood or water damage occurrence. If you have experienced a flood or water damage claim, then contact David Flaks of PubAdjuster today at (561) 212-0239. David will be able to assist you in obtaining maximum compensation for your flood or water damage claim.