According to a new AM Best report, Florida’s property insurance industry just posted its first collective profit in eight years. That’s the good news.
The not-so-good news? Florida homeowners are still paying some of the highest premiums in the country, and when a storm hits, insurance companies still deny, delay or underpay claims. In other words: many homeowners remain in the red.
At Insurance Litigation Group (ILG), we believe Florida policyholders deserve better. And we’re here to help you fight back when your insurance company doesn’t hold up its end of the bargain.
Profitable Insurance Companies, But Fewer Protections for You
Insurance rates may be stabilizing, but that’s largely due to recent legislative changes that make it harder for you to sue your insurance company — even when your claim is legitimate. That’s a big reason why insurers are suddenly more profitable.
Unfortunately, this shift means more homeowners are now handling complex property insurance claims alone and risk being underpaid or ignored by the very companies they pay to protect their homes.
Hidden Damage and Delayed Payouts
Hurricanes Debby, Helene, and Milton left behind visible and hidden damage across Florida. What many homeowners don’t realize is that roof damage, mold damage, and water damage behind walls can take weeks or months to appear. By the time you notice it, your insurance company may try to say your hurricane damage claim is unrelated to the event or too late to cover. This is where ILG steps in.
ILG is on Your Side
For decades, ILG has helped Florida homeowners file, fight, and win their insurance claims. Whether your claim has been denied, delayed, or underpaid, or you’re unsure whether your home has hidden damage, our experienced Florida property claim attorneys and loss consultants are ready to help.
We offer:
- Free property inspections to identify hidden storm damage
- Claim reviews to ensure you’re getting what you’re owed
- Aggressive representation to hold your insurance company accountable
Don’t Let Insurer Profits Cost You
Florida’s insurance market may be stabilizing, but your peace of mind shouldn’t be the cost of that stability. If you’re dealing with unresolved damage or feel your insurer isn’t being fair, you’re not alone.
Call ILG today at 888-454-4254 or email us at info@ilgpa.com for a free property inspection and consultation. Let our experience work for you and make sure your insurance company keeps its promise.
