Six major storms have struck South Florida since 2004, causing widespread damage to shared community homes and property. But many associations may have failed to file valid insurance claims fearing increased fees or canceled polices.
“Many associations were bullied by carriers into believing they should not have filed a claim for storm losses,” said Donna Berger, managing partner of Katzman, Garfinkel and Rosenbaum and guest Sun Sentinel blogger. “Some were afraid of being cancelled or having their rates raised. Some were wrongly told their damages did not meet their deductible, others were paid money but not enough to properly cover repairs.”
As a result, Berger says, many associations were forced to specially assess unit and home owners to pay for necessary storm repairs instead of pursuing their insurance companies for everything they may have been owed.