{"id":51370,"date":"2024-10-26T13:47:56","date_gmt":"2024-10-26T17:47:56","guid":{"rendered":"https:\/\/lakelandgazette.info\/news\/?p=51370"},"modified":"2024-10-26T13:48:05","modified_gmt":"2024-10-26T17:48:05","slug":"38000-insurance-claims-denied-following-miltons-impact-on-florida","status":"publish","type":"post","link":"https:\/\/lakelandgazette.info\/news\/2024\/10\/26\/38000-insurance-claims-denied-following-miltons-impact-on-florida\/","title":{"rendered":"38,000 Insurance Claims Denied Following Milton&#8217;s Impact on Florida"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Thousands of insurance claims have been denied following Hurricanes Milton and Helene in Florida, with over 38,000 denials recorded, leaving many homeowners facing financial hardship due to high insurance premiums.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img data-recalc-dims=\"1\" data-dominant-color=\"d7d3d4\" data-has-transparency=\"false\" loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" sizes=\"auto, (max-width: 1110px) 100vw, 1110px\" src=\"https:\/\/i0.wp.com\/lakelandgazette.info\/news\/wp-content\/uploads\/2024\/10\/improved-clean-claims.png.webp?resize=1024%2C576&#038;ssl=1\" alt=\"\" class=\"wp-image-51371 not-transparent\" style=\"--dominant-color: #d7d3d4; width:555px;height:auto\" srcset=\"https:\/\/i0.wp.com\/lakelandgazette.info\/news\/wp-content\/uploads\/2024\/10\/improved-clean-claims.png.webp?resize=1024%2C576&amp;ssl=1 1024w, https:\/\/i0.wp.com\/lakelandgazette.info\/news\/wp-content\/uploads\/2024\/10\/improved-clean-claims.png.webp?resize=300%2C169&amp;ssl=1 300w, https:\/\/i0.wp.com\/lakelandgazette.info\/news\/wp-content\/uploads\/2024\/10\/improved-clean-claims.png.webp?resize=768%2C432&amp;ssl=1 768w, https:\/\/i0.wp.com\/lakelandgazette.info\/news\/wp-content\/uploads\/2024\/10\/improved-clean-claims.png.webp?resize=1536%2C864&amp;ssl=1 1536w, https:\/\/i0.wp.com\/lakelandgazette.info\/news\/wp-content\/uploads\/2024\/10\/improved-clean-claims.png.webp?w=1920&amp;ssl=1 1920w\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">Hurricane Milton and Helene have resulted in a surge of insurance claims in Florida, with thousands of claims denied.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As of October 23rd, over 359,000 claims have been filed for both hurricanes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Of these, nearly 38,000 have been denied, representing 10.5% of all claims.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Residential claims make up a significant portion of the denied claims, with over 38,000 denials for home insurance.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Other types of claims include commercial property, private flood, business interruption, and auto insurance.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Hurricane Milton, which struck Florida in early October, caused widespread damage and resulted in at least 16 deaths.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Hurricane Helene, which made landfall in August, also caused significant damage and loss of life.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The high rate of claim denials is attributed to several factors, including insufficient information, missed premium payments, fraudulent claims, and coverage gaps.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Many flood claims are likely being denied due to lack of flood insurance coverage.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Florida residents face some of the highest home insurance rates in the United States, with average premiums significantly exceeding those in neighboring states.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This can make it difficult for homeowners to afford adequate coverage, increasing the risk of financial hardship in the event of a disaster.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thousands of insurance claims have been denied following Hurricanes Milton and Helene in Florida, with over 38,000 denials recorded, leaving many homeowners facing financial hardship due to high insurance premiums.&hellip; 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