From what I've heard it's not a strong storm and we're mostly going to get a lot of rain.
Before the 4 hurricanes hit Florida in 2004 insurance companies were much kinder to us. In 2004 my parents lost their roof, their fence, and their pool enclosure. Their insurance covered it all (after the deductibles). Because there were so many claims it took forever to get the insurance company to come and assess the damage. Once the insurance company assessed the damage they gave my parents half the amount up front and after they repaired everything the insurance company came back and gave them a check for the rest of the amount. That way people don't say "I want to replace my fence and pool enclosure" then pocket the money and not repair it.Quote:
Originally Posted by Russian Blue
My friend lost her whole home, she lived in an older manufactured home and it was totally destroyed. Between her insurance company and FEMA she received money for her home and a little money to help for time she was displaced (to rent an apartment or a hotel room). She received a fair amount for her losses, but the amount didn't come close to what she needed to replace everything with new. She had to have her old home removed and she bought a new manufactured home. There was a lot of costly permits and inspections that come with doing that. She had already been living paycheck to paycheck and then needed to take out a loan and make payments on that. Luckily she has her parents to help her.
My husband and I had very minimal damage and decided not to mess with the insurance but rather just fix it ourselves. It wasn't worth the hassle.
The insurance companies were pretty good to everyone then. Many small insurance companies went bankrupt after that, and many larger companies stopped insuring Florida. The insurance companies that were left changed their policies after that. Rates and deductibles increased.
