Value Policy Law in Florida. Does Value Policy Law Apply to your claim?
Fires are treated the same as lightning strikes in the insurance world in Florida, they both fall under what is called ” Value Policy Law.” This means if you can prove that 80 percent of the home has been damaged then the insurance company has to pay full policy limits on the claim and issue a big check to you that they do not want to pay. That is why if you have a lightning strike it is essential that you request to have a Megohm Test performed and if they refuse to hire a Public Adjuster and they will make sure that the proper electrician or electrical engineer comes out and completes this test for not just your safety but the safety of everyone the resides in the home.
If you have a fire or lightning damage insurance claim call Experienced Public Adjusters immediately.