Case Study: Beachfront Condominium Property Insurer achieves flood damage coverage clarity with Envista Forensics

Beachfront Condominium Property Insurer saves $200,000 by using Envista Forensics to separate flood from wind damage

The customer, a beachfront condominium property insurer, faced a challenge in determining the cause of damage to a hydraulic passenger elevator after Hurricane Ian, as their policy excluded flood damage. They retained Envista Forensics and its engineering services to inspect the elevator and differentiate between wind and flood damage for coverage purposes.

Envista's engineers conducted a detailed inspection of the elevator system and used meteorological data to determine the damage was exclusively caused by flood, with no contribution from wind. This investigation by Envista Forensics resulted in significant cost savings for the insurer, as the $200,000 replacement cost for the elevator was attributed to a non-covered peril.