The latest death toll from Hurricane Matthew in Haiti is 271 and expected to increase. Almost 200 people have been injured and close to 61,537 people are in temporary shelters.
Property damage to homes and businesses expected by Hurricane Matthew is going to be substantial. Hopefully with all of the advance warnings in the news, Americans will not experience any loss of life. We’ll know more later today.
People who have lost their home or experienced any other type of damage or loss because of Hurricane Matthew should pay attention to how insurance companies took advantage and mistreated many of the victims of earlier hurricanes including Hurricanes Sandy and Katrina. Knowing what tactics big insurance used in the past to delay and deny claims will allow you to protect your rights and force insurance companies to honor their policy contracts and obligations to you.
If you recall, Hurricane Katrina swept across the Gulf Coast leaving historic levels of death and destruction in its wake. The storm caused an incredible $135 billion in damages, leaving thousands homeless, jobless and without much hope.
After this tragedy and while facing their darkest hours, many survivors found themselves experiencing harm a second time. This time from their insurance companies.
What happened is that insurance companies started offering pennies on the dollar for real and personal property damage losses. Insurance companies denied coverage for business income loss and often times simply refused to honor insurance policy agreements. Some insurance companies claimed that the destruction had nothing to do with wind damage, which was covered under most policies back then, but was caused by floodwater, which as not covered.
Shockingly, because of how insurance companies mishandled these claims, during the two year period of time after the Hurricane Katrina disaster, insurance companies reaped more than $100 billion in profits. A substantial amount of this money should have been paid out to Hurricane Katrina victims.
While the facts of Hurricane Matthew, Hurricane Katrina and Hurricane Sandy are all unique, we believe many of the same issues that existed during Hurricanes Katrina and Sandy will come back full circle with claims made by victims of Hurricane Matthew. While we don’t practice law in Florida or anyplace else on the east coast, we do want to share important information to help Hurricane Matthew victims process their insurance claims.
With this in mind, we strongly urge you to immediately download and read the two below ebooks. If you don’t live in Florida or on the east coast, please share these ebooks and links with your family and friends who do live there.
We hope you find this information useful.
Thomas Jefferson once said, “Information is the currency of democracy”. We agree.
Become more informed and also make sure to download, “Tricks of the Trade: How Insurance Companies Deny, Delay, Confuse and Refuse”