Visitor Monitoring Hurricane Michael FLOIR Data - Insurance Claim Data
Hurricane Michael roof blown off of house
Jennifer Dapko, Ph.D.
Jennifer Dapko, Ph.D.

Florida Professional Law Group's
Hurricane Michael Insurance Claims Report
(as of January 4, 2018)

90 days Since Hurricane Michael Made Landfall
More than 15,000 Claims Denied (Not Paid) by Insurance Companies

January 4, 2018 (FLORIDA) – On October 10, 2018 Hurricane Michael made landfall. It’s now 90 days later and The Florida Office of Insurance Regulation reports there are more than 136,000 Hurricane Michael insurance claims valued at more than $4.88B in insured property damages.

  • 60% (81,614) are “CLOSED & PAID” – If this is you, please know you do NOT have to accept the first offer, as many of these claims are likely underpayments and you may deserve more.
  • 11% (15,684) are “CLOSED AND NOT PAID” – Florida Professional Law Group refers to these as “denied”. If this is you, it’s possible your claim should be rightly covered under your policy.
  • 29% (39,575) are “OPEN” – If this is you, know that the insurance company has 30 days from the time you submit a proof of loss to tell you what they will do, and 90 days to pay if they said they would.

Your Insurance Claim Milestones

There are 3 numbers (14-30-90) to keep in mind when it comes to tracking progress with your insurance company.

The Homeowners Claims Bill of Rights is published by the Florida Division of Consumer Services (DCS) to educate homeowners and to hold insurance companies accountable. The bill of rights is specific to the claims process and does not include all the policyholder’s bill of rights under Florida law regarding an insurance policy.

You have the right to:

14 – Receive acknowledgment of your claim within 14 days after the claim was communicated to the insurer.

30 – Receive communication from the insurer as to the claim being covered in full, partially covered, or denied, or a written statement that your claim is being investigated, within 30 days after the company receives the policyholders completed proof of loss form (if one is required).

90 – Subject to any dual interest noted in the policy, receive full payment of the claim, the undisputed portion of the claim, or the denial of the claim within 90 days.

No matter where you are in the process with your insurance claim, stay on top of your claim and proactively manage the timeline of your claim. Make note if your insurance company misses theses deadlines. In the case of Hurricane Michael claims, it could simply be an honest backlog of work and they are doing their best to catch up. In other cases, it could be a sign of acting in bad faith. Log the date, time, who you spoke with and about what.

We’d be honored to help you with your insurance claim. Give our friendly and experienced Claims Helpline professionals a call at 800-LAW-4141. We’re located in Hollywood, FL and serve the entire state. Florida Professional Law Group assists clients with new, underpaid, and denied property insurance claims. Our clients include homeowners, condo owners, businesses, and associations who experience property damage.

Florida Professional Law Group's
Hurricane Michael Insurance Claims Report
(as of November 16, 2018)

One Month Since Hurricane Michael Made Landfall

Insured Estimated Damages Now Exceed $3B

November 16, 2018 (FLORIDA) – On October 10, 2018 Hurricane Michael made landfall as an extremely dangerous hurricane, at just shy of a Category 5 storm. One month later The Florida Office of Insurance Regulation reports there are more than 125,000 Hurricane Michael insurance claims. About 1,000 new property insurance claims continue to be opened daily.

FLPLG Hurricane Michael Report Highlights

(as of 11/16/18)

  • 125,356 Hurricane Michael insurance claims have been reported so far across Florida with an estimated insured loss of $3.43B.

Hurricane Michael Total Insurance Claims Trend Analysis

  • Property owners continue to submit new claims at a rate of approximately 1,100 – 1,600 per day for period October 29 – November 16.

Hurricane Michael Estimated Insured Losses Trend Analysis

  • As of November 16, 2018, estimated insured loss surpassed $3B.
  • For the reporting period November 9 – November 16, approximately $70M of insured loss added daily to the total insured loss.

Hurricane Michael Open Claims Trend Analysis

  • As of November 16, 2018, 56,056 (45%) of total claims remain open with insurance companies.
  • About 1,000 new claims are opened daily.
If You Have an Open Claim

There are 3 numbers (14-30-90) to keep in mind when it comes to tracking progress with your insurance company. According to the Homeowners Claims Bill of Rights, published by the Florida Division of Consumer Services (DCS), you have the right to:

  • Receive acknowledgment of your claim within 14 days after the claim was communicated to the insurer.
  • Receive communication from the insurer as to the claim being covered in full, partially covered, or denied, or a written statement that your claim is being investigated, within 30 days after the company receives the policyholders completed proof of loss form.
  • Subject to any dual interest noted in the policy, receive full payment of the claim, the undisputed portion of the claim, or the denial of the claim within 90 days.

Stay on top of your claim and proactively manage the timeline of your claim. Make note if your insurance company misses theses deadlines. In the case of Hurricane Michael claims, it could simply be an honest backlog of work and they are doing their best to catch up. In other cases, it could be a sign of acting in bad faith. Log the date, time, who you spoke with and about what.

Hurricane Michael Closed (Not Paid) Claims Trend Analysis

  • As of November 6, 2018, 11,393 (9%) of total claims have been closed (not paid) by insurance companies. Florida Professional Law Group refers to closed (not paid) insurance claims as “denied” insurance claims.
  • Trend analysis indicates the number of closed (not paid) claims is increasing at a rate of about 1% of total claims every two reporting periods, between October 30 – November 16.

Hurricane Michael Closed (Paid) Claims Trend Analysis

  • As of November 16, 2018, 57,907 (46%) of total claims have been closed (paid) by insurance companies. Florida Professional Law Group believes the majority of these claims may be underpayments. Based on our experience, many closed claims that have been paid do not reflect the true value of the damage. Take the settlement check but don’t sign the release.

If You Have a Closed Claim

If you receive a check from your insurance company, take the check so you can begin your repairs. However, don’t sign a release until you know with certainty that the insurance check covers all of your property damage. Insurance companies are working quickly to process Hurricane Michael claims. However, even with the best intentions your insurance company may miss some damage, not estimate like-kind and quality, or mistakenly deny coverage when your damage should be covered under your policy.

Check your insurance company’s estimate of the damage very carefully. If you think it’s not right then consider your options. You can speak with the insurance company. Don’t consider their first settlement offer the final offer. You should also get a second opinion to the insurance company’s estimate so you know the true value of your damage.

Read our questions to ask public adjusters if you’re considering hiring a public adjuster or a company like us, Attorney-Adjusters, to assist you with your insurance claim.

About the Data

Data was retrieved from the Florida Office of Insurance Regulation (FLOIR). It was compiled and analyzed by Florida Professional Law Group’s data analyst, Jennifer Dapko, Ph.D. Data from the Florida Office of Insurance Regulation is based on claims data filed by insurers. It has not been audited or independently verified and covers all claims based on filings received by the Florida Office of Insurance Regulation. Companies were required to begin submitting data on October 12, 2018 and additional data calls are scheduled to occur daily.

Next Steps for Underpaid and Denied Insurance Claims

Property owners who have been underpaid or denied by their insurance company do not have to accept the insurance company’s decision as final. There are options.

  • For paid claims, seek a second estimate of your damage by hiring your own attorney or public adjuster who will represent you, rather than relying on the insurance company’s adjuster, who works for the insurance company.
  • For denied claims, you may need to file suit against your insurance company to get a fair settlement, and an attorney is required for that. You should look for an attorney who specializes in property insurance law.

Florida Professional Law Group specializes in property damage claims. We are Attorney-Adjusters, which means we handle claims that are new, underpaid, and denied. The benefit of using Attorney-Adjusters is that the case is handled by one company from start to finish.

Ben-Ezra notes, “We have helped many clients recover a fair settlement. Property damage insurance claims is all we do, all day, every day. For example, we had one client who had hurricane damage whose insurance company offered only $6,000. After we assessed the entire scope of damage and took over communications with the insurance company, we were able to recover $240,000. Another client had hurricane damage from a tree falling on his roof. The insurance company offered only $39,645 and we recovered $133,000. Each case is unique and may not yield the same results, but these are the kinds of results we’ve able to get for our clients.

As Attorney-Adjusters we’re the only professionals that you need.TM Florida Professional Law Group helps individuals, businesses, and organizations navigate toward a fair insurance claim settlement with their insurance company. We service new, underpaid, and denied insurance claims. Our Attorney-Adjuster Insurance Claims Process covers the entire insurance claims process. This includes obtaining our adjuster’s complete estimate of your property damage and filing a lawsuit if necessary to get you a fair settlement.

This form does not create an attorney-client relationship. Situations vary. Don’t rely on this website for legal advice. By submitting this form, you are consenting to receive marketing emails from: Florida Professional Law Group, PLLC, 4600 Sheridan Street , Suite 303, Hollywood, FL, 33021, US. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email.Emails are serviced by Constant Contact.

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Florida Professional Law Group's
Hurricane Michael Insurance Claims Report
(as of November 1, 2018)

More than 7,000 Claims Denied by Insurance Companies

Even More Denials Expected as Insurers Process Remaining 70% of Open Claims

November 2, 2018 (FLORIDA) – The Florida Office of Insurance Regulation (FLOIR) recently reported the latest Hurricane Michael insurance claims data as of November 1, 2018 at 1:30 p.m. Insurance companies were required to begin submitting Hurricane Michael insurance claims data to FLOIR on October 12, 2018. The data reported by insurance companies included number of total Hurricane Michael claims, and of those, how many have been: paid, unpaid, and still open, as of November 1st at 1:30 p.m. Additional data reported is claims by county.

Florida Professional Law Group (FLPLG) suggests that property owners seek advice from an insurance attorney for denied claims, and even paid claims: “The number of denied and paid claims, which may be undervalued, is not surprising. Insurance companies have been flooded with claims and they need to get through them quickly. Unfortunately that means making mistakes, such as overlooking damage that should be included in the settlement, and even denying coverage when the loss should be covered,” says Marc Ben-Ezra, managing attorney. He also note that “Insurance policies are complicated and most people are not even aware of everything that is covered under their policy.”

FLPLG Hurricane Michael Report Highlights

(as of 11/1/18)

  • 113,098 Hurricane Michael insurance claims have been reported so far across Florida with an estimated insured loss of $2.3B ($2,345,761,235).

Hurricane Michael Total Insurance Claims Trend Analysis

  • Property owners continue to submit new claims at a rate of approximately 1,200 – 1,600 per day for period October 29 – November 1.
  • Week of October 29 – November 2 expected to top 10,000 in new claims submitted.

Hurricane Michael Estimated Insured Losses Trend Analysis

  • As of November 1, 2018, estimated insured loss surpassed $2.3B.
  • Approximately $100M in loss added to total Hurricane Michael insured losses per day.

Hurricane Michael Open & Closed Claims Trend Analysis

  • As of November 1, 2018, 78,704 (70%) of total claims remain open with insurance companies.
  • Insurance companies appear to be closing claims at an increasing rate.
  • For the week of October 29 – November 2, insurance companies will have closed more than 37,383 claims (paid and not paid).

Hurricane Michael Closed (Not Paid) Claims Trend Analysis

  • As of November 1, 2018, 7,195 (6%) of total claims have been closed (not paid) by insurance companies. Florida Professional Law Group refers to closed (not paid) insurance claims as “denied”.
  • Trend analysis indicates the number of closed (not paid) claims hover around 6% of daily total claims for period October 30 – November 1.

Hurricane Michael Closed (Paid) Claims Trend Analysis

  • As of November 1, 2018, 27,199 (24%) of total claims have been closed (paid) by insurance companies. Florida Professional Law Group believes the majority of these claims may be underpayments. Based on our experience, many closed claims that have been paid do not reflect the true value of the damage. Take the settlement check but don’t sign the release.

Hurricane Michael Insurance Claim Data
(as of October 24, 2018)

Nearly 5,000 Claims Already Denied by Insurance Companies

Substantial Increase in Denials Expected as Insurers Process Remaining 82% of Open Claims

Hurricane Michael Insurance Claim Data Highlights:

103,465 Hurricane Michael insurance claims have been reported so far across 15 Florida counties with an estimated insured loss of $1.5B ($1,506,685,042).

Hurricane Michael Claim Status

  • 13,827 (13.36%) have been paid and closed.
  • 4,641 (4.49%) have been denied and closed.
  • 84,997 (82.15%) are still open.

Hurricane Michael Claims by Type

  • Residential – 74,857 (72.35%)
  • Commercial – 4,128 (3.99%)
  • Private flood – 58 (.06%)
  • Business interruption – 313 (.30%)
  • Other lines of business – 24,109 (23.30%)

Hurricane Michael Claims by County

Top five counties include:

  • Bay County – 62,530 (60.44%)
  • Jackson County – 10,766 (10.41%)
  • Leon County – 6,828 (6.60%)
  • Gulf County – 6,023 (5.82%)
  • Gadsden County – 4,280 (4.14%)
  • All other Florida counties – 13,038 (12.60%)

Hurricane Michael Claims Paid (Underpayment Likely*), Not Paid (Denied**), and Open as of October 24,2018

Property owners across 15 Florida counties have submitted claims. Highlights:

  • 13,827 (13.36%) of all Hurricane Michael claims submitted by Florida property owners have been paid and closed (underpayment likely) out by insurance companies.*
  • 4,641 (4.49%) of all Hurricane Michael claims submitted by Florida property owners have been not paid (denied) and closed out by insurance companies.**
  • 84,997 (82.15%) of the Hurricane Michael claims submitted are still open by insurance companies.

* “Underpayment likely” – This is Florida Professional Law Group’s opinion, not FLOIR’s. Based on our experience, many closed claims that have been paid do not reflect the true value of the damage. Take the settlement check but don’t sign the release.

** “Denied” – Florida Professional Law Group refers to unpaid closed insurance claims as “denied”.

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