When purchasing a home in Florida, it is always important to ask the current homeowner for a copy of their loss history report on the home.
Loss History Reports provide a comprehensive record of the type of losses on the home based on previous insurance claims and can provide valuable information for you to determine any inherent problems with the home. For example, if there was a water damage claim on the home, you may want to find out the source of the damage, such as a plumbing leak or leaky roof, and to determine whether it has been properly repaired. Sometimes, a claim that resulted in the homeowner getting a new roof or re-piping the house, can actually make the home stronger and very attractive from a maintenance and insurance perspective.
According to the Insurance Information Institute, homeowners can obtain either a Comprehensive Loss Underwriting Exchange (C.L.U.E.) report from LexisNexis, or an A-PLUSTM property report from ISO®.
ILG consists of a diverse-multilingual group of attorneys, legal assistants, loss assessment specialist and former public adjusters. Our experienced team has extensive and deep knowledge in the field of insurance law and can assist you throughout the recovery process. So if your property was damaged by Hurricane Irma or Sub-Tropical Storm Alberto, don’t delay, give us a call today at 786-529-0090 so we can help you better understand the next steps. Our experienced and aggressive attorneys will help you determine what you are owed under your policy and will advocate on your behalf to see that you get the full benefits you are entitled to.