NEW YORK (WABC) — As flames continue to burn across Southern California, many wildfire victims in Los Angeles are experiencing insurance coverage shock.
Insurance coverage shock is when a person finds out they don’t have a policy that can help fully rebuild or replace their home.
“Underinsured. It’s the biggest issue we’re seeing here in New York, New Jersey, other states that we work in, especially in California. Most policyholders are underinsured,” said Phil Maltaghati, a public insurance adjuster.
From wildfires to major flooding, weather can often be unpredictable. So, how can you make sure you’re protected under insurance in the case of a natural disaster?
As a public insurance adjuster, Maltaghati fights for homeowners who have had properties destroyed by fires or floods. It’s his job to make sure his clients get the claims they deserve.
“You’re paying for something that you expect is going to pay out. And when something horrible happens …