Why Insurance Policies Should Be Easy To Comprehend 

confused couple with insurance policy

Insurance Policies Should Be Easy To Comprehend 

When you purchase an insurance policy, you’re buying protection in case of the unfortunate event of theft or damage. That seems simple enough, but insurance policies themselves are quite complex. Insurance policies can be hard to read and even harder to understand. Confusing legal terminology leaves many policyholders in a state of bewilderment about exactly what they are getting for their money. Fortunately, someone is looking out for you. Florida public insurance adjuster Craig Harrell is here to help you understand your policy and make the most out of your coverage.

confused couple with insurance policy

Insurance Policies in Plain English

When is the last time you thoroughly read one of your insurance policies? Do you know the limits of your coverage? Would you know if your insurance provider was wrongfully denying a claim? Modern laws and voluntary acts of good faith have had insurance companies simplifying their words dating back to the 1970s. In fact, many states have laws about insurance providers writing their documents in “plain English”. In other words, you should not need a law degree to understand your insurance policy. However, insurance companies still use tricky wording or overly complex sentences. These drafting techniques may leave homeowners confused and guessing about their coverage.

The most common areas of insurance policies where the policyholder feels confused are:

Excluding Specific Coverage:

A prime example is that most homeowners do not have coverage for flooding or drainage issues. If a sewer backs up or your sump pump goes out you could be left with the bill because these types of situations are not traditionally covered by homeowner’s insurance.

Limited Coverage Payouts:

After a natural disaster, a policyholder assumes that their insurance company will cover the cost for fully repairing or rebuilding their property. However, some insurance companies leave gaps in coverage or limit payouts to protect their bottom line.

Know Your Rights 

Our justice system can hold insurance companies accountable for issuing confusing policies. The end goal is to make sure insurance providers are issuing policies that clearly state the coverage provided. Craig Harrell of Harrell Adjusting Services knows all too well how often policyholders are not aware of the intent of their policies. Our goal is to help you manage and negotiate your insurance claim, even when your insurance company denies or underpays your claim due to unclear wording. 

Insurance Claim Adjusting in Central Florida 

During hard times and disasters, the last thing you need is to worry about unfair treatment due to a confusing policy. Harrell Adjusting is here to help. As a public adjuster, Craig Harrell can help you navigate through the complex wording, confusing policies, and the process of filing an insurance claim. He works for you, communicating with insurance providers to make sure you receive fair compensation. Fighting to receive your benefits from an insurance claim can be tough, don’t go it alone. We can assist you with your residential, commercial, or boat claims from beginning to end, or when you are not satisfied with the results of a previous claim. If you have questions regarding your policy or filing an insurance claim, contact us at (863) 559-3405 or send us a message through our website.