Our Miami homeowners’ insurance lawyers find when a home has been damaged in a fire, flood, or other disaster, there is usually a loss of personal property and the contents of the home, as well as structural damage to the home itself. Content loss claims can be quite substantial and the insurance company will often fight these claims, attempting to deny or minimize them. Some potential content losses homeowners face are the loss of furniture, appliances, jewelry, electronics, clothes, pictures and frames, decorations, and much more. These losses can devastate a homeowner and leave them without the vital basic objects they need to survive.
Personal Property Coverage in Florida
Personal property generally falls within Coverage C of your homeowners’ insurance policy. Frequently the coverage limit for contents of the dwelling will be 50 percent of the dwelling coverage. For instance, if your home or condo is covered for $100,000, then usually the personal property coverage limit will be half of this, or $50,000. Some insurance agencies will allow the consumer to decrease this amount if they do not believe their contents would reach this sum, while almost any company will allow you to increase this amount in the event you have valuable contents that will require more coverage.
In the event of a major disaster, such as a fire or flood, your home’s contents may be severely damaged to the point that they are not recognizable. Contents companies exist to assist you in tallying and assigning a value to the contents of your home. However, often the insurance company will refuse to allow homeowners’ to contract with a contents company on their own. The insurer will want the contents to be examined by a company of its choice. Disputes may arise as to the contents of the home, and the insured may find themselves struggling to have their claim paid out.
You are the insured have the right to an independent investigation as to the value of the contents of their home. One of the most important things you can do is assist in the inventorying yourself. Provide the insurance company with photographs of your home prior to the damage which show the contents. Make lists yourself as to the contents of your home and never accept the insurance companies minimization of the value of items that you know are worth more. Consult with a homeowners’ insurance attorney as soon as possible for assistance with your contents claim.
Greenberg, Stone, & Urbano: Put Our Over 130 Collective Years of Experience to Work on Your Case!
Personal property and contents claims frequently give rise to issues and denials. If you need assistance with your homeowners’ insurance related claim, contact the Miami Homeowners’ Insurance Lawyers at Greenberg, Stone & Urbano. We have over 130 collective years of experience representing homeowners across South Florida. Our firm offers the dedicated, knowledgeable, and caring representation you need to obtain the insurance compensation you deserve. We are honored to have received a coveted AV rating from Martindale Hubbell and the Miami Herald’s ranking as a top firm in South Florida. Put our extraordinary homeowners’ insurance lawyers to work on your case. Call us at (888) 499-9700 or (305) 595-2400 or you can visit our website to schedule your initial consultation.