Hurricane Milton / Hurricane Milton Property Damage Claims / Hurricane property damage claims

Almost 25% of residential and commercial property insurance claims have been closed without payment since Hurricane Milton made landfall just one month ago.

As Florida continues to recover from the devastating effects of Hurricane Milton, homeowners and commercial property owners are navigating the claims process, trying to secure compensation for damages. 

Now, one month after the Category 3 storm made landfall on Florida’s west coast, many claims remain unresolved, leaving property owners in need of legal support. 

JT Law Firm is helping clients pursue their right to compensation. If you need help with your claim, contact us at (855) 585-2997 to set up a free claim review.

Almost 25% of residential and commercial property insurance claims have been closed without payment

Hurricane Milton Residential Property Claim Facts

The impact of Hurricane Milton on residential properties was significant, with 223,906 claims filed to date and counting. 

Here’s a breakdown of the status of these residential property claims:

  • Total Claims Reported: 223,906
  • Total Claims Open: 
    • Open Claims with Payment: 14,757
    • Open Claims without Payment: 112,826
  • Claims Closed with Payment: 42,951
  • Claims Closed without Payment: 53,372

The total incurred loss for residential property claims stands at an overwhelming $2.3 billion, and this figure is increasing nearly every day, highlighting the financial burden Hurricane Milton has placed on Florida’s homeowners. 

Hurricane Milton Commercial Property Claim Facts

Commercial property claims have faced similar setbacks. With 10,652 commercial property claims reported, only 438 of these have been closed with payment.

Here’s the current status of Hurricane Milton commercial property claims:

  • Total Number of Claims Reported: 10,652
  • Total Claims Open: 
    • Open Claims with Payment: 246
    • Open Claims without Payment: 8,650
  • Total Claims Closed: 
    • Claims Closed with Payment: 438 
    • Claims Closed without Payment: 1,318

The total incurred loss for commercial property claims is estimated at $338.9 million, underscoring the hurricane’s economic impact on Florida businesses. A large proportion of commercial claims remain unresolved and unpaid.

For business owners relying on prompt insurance payouts to rebuild, these open and unpaid claims pose a major barrier to recovery.

JT Law Firm fights for homeowners to receive the highest possible payout for their Milton Insurance Claims. 

JT Law Firm is committed to providing legal support for property owners, fighting so they receive fair treatment and compensation from insurers for covered losses.

Our firm provides:

  • Claim Reopening and Negotiation

If your claim was denied, underpaid, or closed without payment, we can help you challenge that decision. We’ll review your policy, analyze the damage documentation, and negotiate with your insurer with the goal of obtaining a fair outcome for you.

  • Flood and Wind Damage Knowledge

Understanding the nuances of flood and wind coverage is crucial, especially when many claims are denied due to non-covered flood damage. 

  • Deductible and Policy Guidance

We can provide insight into how deductibles apply and work to maximize your claim based on all eligible damages identified.

  • Thorough Documentation Assistance

Accurate and comprehensive documentation is essential for claim success. Our legal team helps gather and submit the necessary evidence to strengthen your claim.

  • Litigation Support

When insurers refuse to cooperate, JT Law Firm is prepared to take cases to court. With a team of experienced property damage attorneys, we’ll fight to ensure your rights are upheld.

Taking action on your Hurricane Milton claim

For both homeowners and commercial property owners, it’s crucial to stay proactive in the claims process. Florida property owners who are experiencing delays, underpayments, or have had their claims closed without payment should consult with a hurricane property damage attorney.

If you need assistance with your Hurricane Milton claim, JT Law Firm offers free claim reviews.

Contact us today at (855) 585-2997 to discuss your claim and take the first step toward securing the compensation you deserve.

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