Insurance Claims Post-Natural Disaster

Florida homeowners devastated by Hurricane Ian now face a difficult road as they work through the insurance process to get their homes and their lives back to normal. Beyond the typical questions regarding claims, this storm has been challenging because for many people it was a flood event, which is likely covered by flood insurance, rather than a wind event, which may be covered under homeowners’ insurance.

Although we are not in the insurance business at FineMark, we do work with homeowners and insurance companies when properties are being purchased and we’ve been fielding countless calls from concerned clients regarding their policies, claims and payouts.

To help make sense of the process, we talked with FineMark’s Insurance Loan Administrator Evelio Diaz.

Part I – Still Waiting To File Claims

Part II – Claim Is Filed… Now What?

Part III – Check Received But Do Not Pass Go

Disclosure: Information contained in this communication (including any attachments) relating to insurance advice (i) should not be relied upon by any direct or indirect recipient of this communication and may be insufficient, and (ii) may not be applicable to every insurance policy or loss situation. While FineMark believes the information to be accurate and reliable, we do not claim or have responsibility for its completeness, accuracy or reliability. Please contact your insurance agent and/or insurance company for information on specific loss scenarios and/or coverages.