I recently came home from enjoying some family time in Key West and encountered the usual stack of mail on my counter. You know that stack of post-vacation mail – too many store circulars to count, a slew of political flyers, bills, and the like. Well, this pile of mail was different because it included three or four letters from unfamiliar law firms. I opened all of these letters first, and to my relief, they were all notifications about a previous windstorm insurance overpayment. What I mean is that I had inadvertently over-payed my policy way back in 2014 and these law firms wanted to help me to claim my funds, for a fee of course.
Now, it did seem somewhat strange that I was being notified about an overpayment from six years ago so I did a little bit of Googling. I found that when a customer overpays his or her insurance premium for whatever reason, then he or she is entitled to a refund of this money. However, the insurance company can hold on to these funds for several years without notifying the customer, and then turns the monies over to the state of Florida, who serves as an escrow agent. My overpayment has just been given to the state and this is how the law firms knew to write to me, as they can pay to receive a list of the people who are in this situation.
Since I know that I have money to claim, I went directly to the state of Florida and have requested that it send me my funds directly. The good news is that, whether or not you believe your insurance company should give you a refund, you can search the state for any unclaimed property that you may be owed! Simply click this link and follow the prompts!
I have not yet received my insurance refund, but I will be very happy when that check suddenly appears in the mail. Why not enjoy a little bit of unexpected, found money?! Good luck in your own searches!