In the fall of 2017, Hurricane Irma caused devastation throughout the Florida Keys, especially in Marathon Key where our team ensured our Resort and Condo Association clients were fully compensated for their covered damages. In this success story, the Condo Association had a $119,471.60 wind deductible and an initial offer was $134,609.10, which left them with a check in the amount of $15,137.50. Due to our team of fierce public insurance adjusters, local Florida resources and the assistance of the Condo Association board President, who trusted our firm to help the Condo Association, we ultimately negotiated a $285,994.41 claim settlement. This claim settlement represented a 112% claim increase or $150,385.31 more than their initial building offer for wind damages.
Furthermore, our team continues to negotiate the condo association’s flood damage claim as the storm surge caused flood damages to the elevator and associated equipment. The elevator damages and insufficient initial offer from the insurance company flood adjuster have forced the residents to be without the use of the elevator for months.
If you’re a property manager, real estate owner, asset manager, or on the condo association board, then please contact our team of licensed public insurance adjusters to review your policy, insurance company offer, and damages to see if you are entitled to additional monies as a result of Hurricane Irma. Our firm can be reached by phone at 1-800-718-5677 (LOSS) or by email at Philip@UnitedPublicAdjustersNY.com.