Many times, we find that even though a Florida insurance company will offer a policyholder coverage for an insurance claim involving property damage, the insurer will look for every opportunity to pay as little money as possible for the covered damages. Given how often this is done, we felt it is important to discuss a policyholder’s rights when faced with the problem of not having enough money to make repairs to their damaged home or business after suffering a loss with a Florida insurance company.

Some insurance companies in Florida, including the biggest insurer, Citizens Property Insurance Corporation, regularly engage in the business practice of lowballing their policyholders when it comes time to make payment on a covered claim. Unfortunately, without enough insurance money to complete repairs to the damaged home, underpaid policyholders are typically forced to reduce the cost of repairing the damage by:

  • Making substandard repairs for less money
  • Finding a less qualified and/or less experienced contractor to repair your home for cheaper than a (same may even have to forget about having a contractor entirely)
  • Reducing or eliminating certain necessary repairs to reduce to total cost
  • Sacrificing on the quality of repairs

However, you do not have to accept the amount offered to you by your insurance company. If you think you were underpaid by your insurance company, contact Schatzman & Hovanyecz, P.A. for a free consultation. We will be able to assess your claim, evaluate your damages, and ensure that you receive maximum recovery while protecting the rights afforded to you by your insurance policy and Florida law.