“To survive a hurricane financially, there are several important things you must do in advance. Number one, call and review your insurance with your agent. Is everything named and insured correctly? Do you have enough limits to cover a complete loss? This is even more important if you are a business owner, where mistakes about the names of the corporation, leases, and changes of property are routinely made,” said Merlin.
With over a million acres burned from wildfires in western states and the National Oceanic and Atmospheric Administration [NOAA] already having to shift to the Greek alphabet in naming storms, there is no shortage of threats to policyholders. Being as prepared as possible with your insurance policy is critical to protecting your home or business.
“Those in hurricane areas, make sure you have flood insurance coverage if you are even remotely close to a body of water that will flood from a storm surge or a backed-up river,” Merlin says. “You should have law and ordinance coverage—and a lot of it—if you own a structure older than 20 years. Make certain you have purchased enough insurance so that you will not be penalized for being underinsured or subject to a coinsurance penalty.”
Merlin Law Group has developed multiple assets with helpful tips to help policyholders navigate their insurance claims. These include:
Filing An Insurance Claim
What To Do When You Have A Denied Or Underpaid Claim
Insurance Company Response Time
Hurricane Checklist
Wildfire Claims
Since 1985, Merlin Law Group has helped policyholders recover their entitled coverage benefits on insurance claims from all kinds of losses. In order to stay safe during these perilous times, policyholders must remain vigilant in checking their insurance policies and taking precautionary steps to protect their homes or businesses. Chip Merlin and his firm’s goal is to aid policyholders in both providing helpful information and assisting with recovery.