The storm has passed, but not all of its dangers. Now that it’s time to clean up and get back to normal, here are some things you need to remember:
- Beware of Predators. If you get a knock on the door with someone saying they are inspecting cars for windshield damage or any kind of service hurricane related damage, they might very well be predators. Someone in Ocala had folks knock on their door asking to see their car windshields. They said they were out of here from Orlando and could fix any issues for $500. Depending on your insurance, a damaged windshield is a $0 deductible claim.
- Require proof that any workmen are licensed and insured in Florida. Do not allow anyone on your roof that cannot prove they are licensed and insured in the state of Florida. That “nice” person offering to help may charge you $500 afterwards, or claim an injury on your property which you will then be liable for.
- Do not sign an Assignment of Benefits form. Be very careful not to sign any contract or agreement containing Assignment of Benefits language document. If you do, you will may give away your rights to recover anything for damages from your insurance company. By signing one of these agreements, you may have completely assigned you right to payment over to the contractor.
- Flood Insurance Coverage. Flood Insurance requires a 30 day waiting period. In other words, if you purchased flood insurance September 15, it wouldn’t cover damage until after October 15. The exception to this is if the mortgage company requires flood insurance in their binder. If you need flood coverage, make sure to purchase the coverage well in advance of a storm event.
- Canceling Flood Insurance. Most people do not realize that flood insurance is more difficult to cancel mid-term. In most cases it can only be canceled at the policy renewal, unless you can provide evidence the property has been sold or the mortgage has been paid off.
- Flood Insurance Rates. Flood insurance will be more expensive if you are in a flood prone area. Rates are based on flood zones and you may be will be required to provide an elevation certificate if your home is located in a designated flood zone.
This article was sponsored by The McDonald Agency. The McDonald Agency is here to help you. Let’s discuss your insurance options and needs regarding sinkhole coverage. We have two Ocala locations and one in The Villages. Contact us today at (352) 351-4020 in Ocala or (352) 259-3825 in The Villages. Visit us online at TheMcDonaldAgency.com.