TAMPA, Fla. (WFLA) – Insurance companies in Florida reported nearly $7 billion in claims in the 25 days following Hurricane Ian.
According to the Florida Office of Insurance Regulation, home and business owners have claimed $6,886,280,085 in damages related to the storm, as of October 21.
Lee, Charlotte and Sarasota counties top the list with the most claims. Insurers reported 204,000 claims in Lee County alone, which is more than a third of the 569,000 claims statewide.
If you own a home or business and the storm caused even minimal damage, insurance adjusters urge you to file a claim. You have two years to file a claim, as required by law, with the deadline being September 27, 2024.
8 On Your Side Investigator Mahsa Saeidi spoke with Barry Gilway, CEO of Citizens Property Insurance, the state’s insurer of last resort. He said owners should be quick to file claims, even if they don’t think the cost of damage will cover their deductible.
“You may find out later that there is undiscovered damage, which could potentially take you past that hurricane deductible,” Gilway said.
Some people have told 8 On Your Side that they’d rather pay out of pocket, fearing that if they file a claim, they’ll see higher rates or lose coverage altogether. Gilway said that is not the case and that hurricane claims differ from your standard water damage claim.
You can see the full breakdown of storm-related insurance claims here.