Florida's Insurers Deny Over 37,000 Hurricane Claims [View all]

Source: Newsweek

Published Oct 24, 2024 at 7:38 AM EDT


Home insurance providers in Florida have denied more than 37,000 claims following Hurricanes Helene and Milton.

According to data compiled by the Florida Office of Insurance Regulation (FLIOR), as of October 23, 84.2 percent of claims relating to Milton and 68.2 percent of Helene claims are not yet complete, which will either result in a payment or the claim being denied.

Residential claims make up a considerable portion of compensation applications. Others include commercial property, private flood, business interruption, and commercial and private car insurance. Across a total of 359,391 claims made so far for both incidents, 37,796, or 10.5 percent, have resulted in no payment being made.

Hurricane Milton hit Florida at the beginning of October, killing at least 16 people and leaving millions without power. Two weeks earlier, Hurricane Helene had carved a path of destruction through several U.S. states, killing more than 200 people and causing widespread damage to homes and infrastructure.

Read more: https://www.newsweek.com/florida-insurers-deny-37000-helene-milton-hurricane-claims-1974123