Peoples Trust, a Florida insurance company, joined Federated National, Heritage, Tower Hill, Southern Oak, and United Property & Casualty as insurance companies excluding water damage from coverage for homes older than 40 years. The maximun coverage for water damage that Peoples Trust will offer for homes older than 40 years is $10,000. This is an inadequate amount of coverage in many cases. Consumers should shop around and secure a policy without this restriction. Drain line breaks, water heater, refrigeration, and air conditioning malfunctions, and plumbing failures often lead to damage to homes well in excess of $10,000. Buyer beweare!
If you have questions about an insurance claim, you are invited to contact our law firm to speak to an experienced Miami insurance claims attorney. My law firm specializes in representing policyholders in claims disputes in Miami and throughout Florida. Click here to read about some of our case results. The Law Firm of J.P. Gonzalez-Sirgo, P.A. offers free consultations and case evaluations. No Recovery, No Lawyer Fees. Call 305-461-1095 or Toll Free 1-866-71-CLAIM.