Every year, thousands of Florida home and business owners are affected by water damage. It could be an aged pipe bursting, rising streams, or a natural disaster,

Regardless of the incident, the question then becomes: Will my insurance cover the damages?

Unfortunately, there are many property damage incidents that don't get fully reimbursed due to claims that are beyond the $10K limit of the insurance policy based on the specific terms of the limitations in the policy itself.

If your policy has such a limit , then keep reading.

We would like to teach you what you need to know about the $10K water damage limit, as well as what we can do to help.

Will Your Insurance Cover the Water Damage?

As a property damage lawyer, we would like to make you aware of policy provisions.   Many insurance companies implement the $10K limit in order to restrict payments for damages inflicted by water-related losses such as AC leaks,  bursting pipes, plumbing leaks, etc.

Sometimes, this restricted amount may  include the expense to dry out the location as well.

With these stipulations, it can be tough to repair your property because you still need to safeguard your property to prevent any more damage in accordance with your insurance policy.

But at the same time, the actually drying out of your property will  burn into your $10K limit, and this can leave you with a short supply of capital to use to fix up your home.

In these instances, it's not uncommon for the broken, leaking, or damaged pipe to remain underpaid by insurance. 

What Are Your Options

If you have found yourself in such a situation, it would be a wise choice to connect with a property damage law firm. By getting in touch with the right individuals, you can learn what options are available to you.

A good property damage attorney can assist you with two things.

First, they can help you to better understand your insurance policy. This will enable you to make more informed decisions about the policy that you've chosen to invest in with your hard-earned money.

As a result, you'll have the forethought to look around a bit more until you find a company offering a policy that actually covers costly damages.

And second, a good property damage lawyer will fight for you on your behalf. No matter if it's a commercial or residential property, a lawyer is there to help get what's yours in the event your insurance company tries to deny you.

As a policyholder, you have the right to be treated fairly. We are here to help make that happen.

Are You Ready to Get What's Rightfully Yours?

Whether it's fire, wind, or water damage to your property is irrelevant. If your insurance company is not holding up its end of the bargain, you are able to act to have your rights implemented.

If you're wondering if the $10k limit means you cannot get full amounts as validly warranted by your claim and policy. Call us to find out.

We look forward to hearing from you.