CAN YOU POCKET INSURANCE MONEY? // WHAT IF THERE'S EXCESS MONEY?

Can you pocket insurance money? You get that insurance check, and suddenly a nice vacation or a new car looks a lot better than repairing your roof... So can you pocket [excess] insurance money? Yes and no—there are times when you can and can’t. Watch the video to learn when you actually CAN!

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In this video I will share with you the reasons that you might be able to keep insurance claim money and other reasons that you might not be able to. Even though a large check from an insurance company looks tempting to put towards your next vacation, you should consult with someone before assuming it is OK to spend on yourself.

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As a homeowner, you are responsible for maintaining your property, especially if it’s under a mortgage. Note that if you have damage in your house and you don't make repairs, and you happen to have a similar loss later on, you WILL NOT GET PAID! Watch the video to understand how important it is to get repair works done appropriately and find out how to best handle your insurance payments and what to do if you end up getting more money than needed for your home repairs!

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If you have questions that are specific to property insurance, homeowners insurance policy or repairs, follow the link below to WATCH MORE:
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ABOUT ME:
Lawyer Britt: Brittany Alexander, Esq. is the owner of Premier Property Law in Fort Lauderdale, Florida. She has collected over $4.7 MILLION in insurance benefits for property owners. Contact her at (954) 233-0120 or visit https://www.premierpropertylaw.com

Free legal advice about property insurance, real estate, and current issues for homeowners and property owners across Florida and the U.S.

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Disclaimer: Your policy and the results for your specific case may vary. The information in this video may only apply in Florida and may not apply in your state or area. This post should not be construed as legal advice. There is no agreement to provide legal representation, unless a written contract has been signed by you and the attorney. Contact an attorney for a true review of the validity and value of your case or claim. This content is copyright of Brittany Alexander, Esq., owner of Premier Property Law in Florida.

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