Georgia roofer is out $12,000 after State Farm approved homeowner's claim — then refused to pay out in full

Georgia roofer is out $12,000 after State Farm approved homeowner’s claim — then refused to pay out in full

When Cumming, Georgia, homeowner Venkat Garikapati’s roof sustained heavy wind damage in 2021, he filed a claim with his home insurance company, State Farm, to have it fixed. However, State Farm only approved the replacement of 38 shingles and estimated the cost at $1,422.15 — less than Garikapati’s $2,500 deductible — and closed the claim…

Read More
Helene

Florida’s Insurance Market Lashed as Residents Face Hurricane Milton

Florida’s already strained insurance market is still reeling from the destruction of Hurricane Helene, and is now due to face further pressure with Hurricane Milton barreling toward the state. Mark Friedlander, the director of corporate communications at the Insurance Information Institute (Triple-I), told Newsweek that Hurricane Milton is set to be even more burdensome for…

Read More