Loss of use coverage is available to you in case your property or home becomes unavailable due to an accident. While your insurance claim and the rectification of your property is in process, you might have to incur the additional expense of staying in a hotel. In such a scenario, you can claim for loss of use coverage from your insurance provider. However, if you have doubts about filing this type of claim, you can always get in touch with a Florida public adjuster who is an expert at filing such claims and getting you the insurance coverage that you deserve.
It is also known as part D coverage or additional expenses insurance, and it covers any other expenses that you might have to incur due to the damage to your property. Public adjusters in Florida such as Alconero and Associates Florida Public adjusters are an expert at filing such claims and can help you understand the intricacies of this in detail.
Some of the expenses that are a part of the loss of use coverage are parking fees, pet boarding, transportation expenses, grocery bills, restaurant bills, cost of temporary accommodation, and other similar costs. The total coverage amount depends on the insurance provider. It usually covers almost 20% to 30% of the total insurance value of your home. However, some insurance providers offer unlimited loss of use coverage. So, it is essential to check the coverage with your insurance provider. Any expert Florida Public adjuster can help you with this information.
You must note that this type of claim is only valid when your property or home is completely unlivable. However, if you have any doubts about it, you can get in touch with Alconero and Associates Florida Public adjusters who are experts in the field and have significant experience of dealing with such cases.
FLORIDA PUBLIC ADJUSTERS
INSURANCE CLAIMS PROCESS
EXPERTS IN INSURANCE CLAIMS
We evaluate existing insurance policies in order to determine wha coverage may be applicable to a claim.
We investigate all detail, and substantiate damage to buildings and contents and any additional expenses. We also evaluate business interruption losses and extra expense claims for businesses.
We can determine values for settling covered damages. We will prepare, document and support the claim on behalf of the insured.
We negotiate a settlement with the insurance company on behalf of an insured, negotiating dollar values and if not able we continue to appraisal or mediation.
What is a Public Adjuster in Florida?
A public adjuster is a professional insurance claims manager. Public adjusters are hired to file, document, and advise on insurance claims. They also represent the insured during the process of assessing a claim’s worth and validity and negotiate with the insurance company in order to get the claimant the largest possible settlement. Essentially, a public adjuster is an advocate for the insured, ensuring that claims are correctly submitted and processed, and then working with the insurer in order to obtain the insured a higher payout.