But It’s Only a “Little” Fraud

Posted by on May 16, 2013 in Claims |

Unfortunately, many individuals experience their first encounter with the criminal justice system by using poor judgment in the presentation of their insurance claim and/or while completing their application for insurance. Many believe that by simply adding a few items to their list of damaged or stolen items, or by omitting past claims history on their insurance application, it is “no big deal”.  The fact is that, in Florida, both actions...

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Do you ever get that sinking feeling?

Posted by on Mar 14, 2013 in Claims |

Sinkholes have been in the news a lot lately, and I am sure this has generated a lot of questions from your customers. Sinkholes are a fact of life in certain parts of Florida. Sinkholes and how they are adjusted is regulated by the State of Florida. In 2011, the Legislature enacted SB408, which basically tells us, the insurance industry, how to adjust sinkholes. The law tells us that, when a claim is submitted, we must first have the risk...

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Water Damage Claims: What Your Customers Should Know

Posted by on Jan 24, 2013 in Claims |

Did you know that over 50 percent of claims involve water damage? Some examples include pipe, supply line, and appliance failures, as well as roof or window leaks. It is very important that any damage caused by water is addressed and remediated early on during the life cycle of the claims process. One of the many resources available to Tower Hill customers is our Preferred Water Extraction Program. Tower Hill recommends that homeowners do not...

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