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Yacht Insurance Claims After Hurricane Michael

Florida hurricane insurance claim attorneys assist residents with yacht claims due to Hurricane Michael

If you own a yacht in the Florida Panhandle, chances are you suffered damage to your vessel when Category 4 Hurricane Michael struck the Panhandle in October 2018. Filing a yacht insurance claim and fighting with your insurance company for your compensation can be challenging, frustrating, and time consuming. The disaster recovery team at Ged Lawyers, LLP, works with Florida residents to recover the compensation they deserve from yacht damage due to Hurricane Michael.

Is it a yacht or a boat?

In some circles, the words “yacht” and “boat” are used interchangeably. But when it comes to insurance coverages, there is a clear distinction. Yachts are vessels that are greater than 26 feet in length that are used for recreational purposes. If you have a yacht, the insurance coverage that you require is different than the coverage necessary for a motorboat or a houseboat.

Florida yacht insurance

Yacht insurance policies differ from company to company and policy to policy. Generally speaking, yacht insurance policies provide comprehensive coverage, protecting your yacht if it is damaged in some way other than in a collision. Yacht insurance tends to be more inclusive than your standard boat insurance policy and may include property damage liability, bodily injury liability, and collision damage. Some yacht insurance policies offer custom coverage options, including those for a dinghy or additional hurricane protection if you are docking in a location during hurricane season.

File your hurricane property damage claim before the deadline

Statutes of limitations – the legal timeframe for filing a claim in the civil court system – vary from state to state and from case to case. The statute of limitations for filing a hurricane property damage claim in the state of Florida is four years from the time the property damage took place. This is a significant deadline. If you do not file your property damage claim before the four-year deadline, your case will not be heard. Furthermore, you will no longer have the opportunity to recover any compensation for the yacht damage from Hurricane Michael.

Questions regarding filing a yacht insurance claim from Hurricane Michael? Let us help.

When you have experienced a Category 4 hurricane, it is likely that you have sustained property damage or other losses as a result. If your yacht was damaged in Hurricane Michael and you have an insurance policy that provides protection, you are entitled to compensation. Obtaining that compensation is not always easy, as insurance companies act in their best interests, not yours. Let us help. The skilled disaster recovery team at Ged Lawyers, LLP knows how to navigate the challenges of the insurance claims process to successfully recoup your losses. To arrange for a free case review to discuss your yacht insurance claim, contact our office at 844-443-3529 or online.