Florida may have dodged a bullet from Marco and Laura but, what’s left of this hurricane season is still slated to be the worst ever. Rytech asked its’ partners at The Florida Association of Insurance Agents (FAIA) to share the top six things FLORIDA’S “Policyholders Need to Know About Insurance and Hurricanes.”
According to the FAIA here are the top six things FLORIDA policyholders need to know about insurance and hurricanes:
- Hurricane deductibles: Most homeowners’ insurance policies contain specific provisions related to damage caused by hurricanes, and a key feature is often higher deductibles for losses resulting from a hurricane. Under this provision, homeowners are responsible for paying a percentage of the insured value of the home, generally ranging from 2-10 percent. So for a home insured for $100,000 with a 2-percent hurricane deductible, the policyholder would be responsible to pay out of pocket for the first $2,000 in damages.
- Wind-driven rain: Damage caused by wind-driven rain—for example, rain blown through poorly sealed door/window openings—is not covered in most instances. While damage caused by wind itself is likely covered (subject to the hurricane deductible), water damage caused by rain seeping into the home through doors/windows generally is not.
- Repair scams: Homeowners should resist the temptation to sign up with the first repair crew that shows up at their door, and especially should not sign paperwork that assigns the rights and benefits of their insurance policy to someone else. Assignment of benefits scams are a leading cause of rising insurance rates, and fraud artists see a hurricane aftermath as a golden opportunity to prey on unsuspecting homeowners. Insurance policyholders should always call their agent or their insurance company first, to report a loss and determine the best way to proceed.
- Flood damage: Damage caused by flooding, common in a hurricane, is not covered by standard homeowners insurance policies. A separate flood insurance policy is required for this type of loss.
- Mitigate and document: Homeowners are expected to mitigate damage to their home to the extent they safely can, and to document their damage. So, putting a tarp over a damaged roof or boarding up a broken window can prevent further losses. Homeowners should document damage by taking photographs and save receipts for any out-of-pocket costs.
- FAIA has partnered with Rytech: FAIA exclusively recommends Rytech as a preferred provider for water and mold damage. When policyholders have a claim, they expect the issue to be resolved quickly, professionally, and properly. Since 1995 Rytech has provided expert emergency water and mold damage restoration by certified technicians who specialize in repair of water and mold damage to homes and commercial property.
Why FAIA Partnered with Rytech
- Policyholders are contacted within 30 minutes of claim assignment and a Rytech certified technician is on-site within four hours.
- Professional, courteous, certified technicians treat insureds as if they are family.
- State-of-the-art equipment is used to find, dry and monitor moisture with the least amount of demolition on each and every job.
- Most claims are “Rytech-Dry” in three days.
- Rytech charges only the job’s true cost, not what the price guide will allow.
- No surprise estimates and direct billing.
Carriers: Go here to learn more about how a Rytech partnership can benefit your policyholders and your company.
Policyholders: Go here to call Rytech when you’ve had a water or mold loss.