Call For Your Free Quote: 305-443-6321

How Your Insurance Policy Protects You

Among the many reasons why it’s so important to know your insurance policy is because there is only so much governments will do for you in the event your home suffers extensive damage due to a storm. FEMA, for example, may provide disaster grants that don’t require repayment. However, the amount provided by these grants is often less than what most homeowners need to repair their homes.

Your home insurance should protect you against one of Mother Nature’s greatest risk: wind damage. There may also be coverage for water damage if your insurance company hasn’t decided that water damage falls under the category of flooding. If so, an entirely separate policy for flooding will be required. As for belongings such as your vehicle, it can only be covered if your policy has something called comprehensive coverage. And claims of any kind can be subject to a significantly heftier deductible, which can reach several thousands of dollars.

These are a few of the things you may wish to look into or consider when examining a policy. While a brand new policy can take several weeks, making changes can usually be done in about a day.

This information is provided by Miami insurance lawyer Alonso & Perez, LLP. Our areas of practice include bankruptcy, insurance litigation, foreclosure defense, immigration law, and more. Call 305-676-7545 to speak with an insurance settlement attorney Miami and receive a free consultation. We look forward to working with you.

This information is provided for educational or informational purposes only and should not be construed as legal advice. The information is not provided in the course of an attorney-client relationship and is not intended to substitute for legal advice.