Hurricane Ian Impacts Florida Timeshares

Hurricane Ian Impacts Florida Timeshares

Hurricane Ian was a catastrophic hurricane that struck the State of Florida in late 2022, causing loss of life and significant property damage to homes and condominiums. The category 4 storm also impacted timeshare resorts across Florida, leaving behind a path of unanticipated damage and destruction. As the hurricane season is coming to an end, many timeshare owners are left wondering about the future of their vacation resorts.

In the aftermath of Ian, timeshare properties were initially inspected with some only partially damaged while others sustaining an unrepairable event caused by wind and storm surge. A tourist captured a video of damage to an Orlando timeshare property as Hurricane Ian rolled into the center of the state. Most of the major storm’s impact however appears to have occurred in coastal areas like Ft. Myers and Sanibel.

South Seas Island Resort on Captiva Island for example will be closed for a year due to flooding. Meanwhile in Daytona Beach, the Tropic Shores Resort said it will not be offering amenities until further notice due to surge impact of the hurricane. The pool deck is closed along with the resort’s seawall cracked, separating steps leading down to the beach. Depending on a variety of circumstances, with some declaring total loss, these timeshare resorts may not be able reopen.

Hard Choices for Resorts

Natural disasters present a unique set of challenges for timeshare properties, particularly when it comes to the decision of whether to repair, rebuild or sell the property. Hard decisions need to be made by some timeshare boards in order to get out from under the burden of waiting on insurance claims which could take a long time. Furthermore, their timeshare property could be required to close or only have some parts open for use. If these independent resort associations cannot pay for the necessary repairs using their own reserve funds, they may have to raise money from their owners through special assessments and raising maintenance fees.

Is There Enough Insurance Coverage?

Many timeshare resorts only obtain enough property insurance to replace the exterior buildings. If the resort has to close for an extensive period, these policies usually don’t take into account any lost revenue. Usually, if a timeshare has business interruption insurance, the policy wouldn’t cover all of the missed rental income. More often than not, these costs are charged to the resort’s owners as expenses.

What timeshare owners can do if their resort is closed due to Hurricane Ian.

If your timeshare resort is closed due to Hurricane Ian, you may be able to get a refund or credit from the resort for future use. You should also contact your timeshare association or management company to find out what options are available to you. If you have a travel insurance policy, you may be entitled to a refund or credit for your 2022/2023 reservation.

A timeshare owner should be speaking to the resort manager and management company for continuing hurricane recovery details. Owners will likely find information posted online or provided by email. It is important to know the next steps timeshare resorts are taking in order to protect your vacation interval. As a timeshare owner, you have paid good money for your timeshare property and you deserve to be kept up-to-date on the status of repairs. With a number of timeshare resorts still closed due to Hurricane Ian, it is important to know when they will reopen.

An Attorney Can Help You Understand Your Options

If you feel you need legal advice, you should contact a consumer timeshare attorney who is experienced in Florida real estate and timeshare laws. If you are facing problems with your HOA or have a legal claim, lawyers who specialize in these areas can help.

This information is provided for general informational purposes only and should not be construed as legal advice. You should always consult with an attorney to discuss your specific situation.

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Led by timeshare attorneys Michael D. Finn and J. Andrew Meyer with over 75 years of experience. The Finn Law Group is a consumer protection firm that specializes in timeshare matters. #Timeshare #RealEstate #HOA #Insurance – Contact us today for a free consultation in person, over the phone or video conference. Follow us on Twitter.

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Finn Law Firm's Client Reviews & Testimonials

Based on 144 reviews

Tammy from the Finn Law Group helped me with a timeshare issue. The guidance they gave me was very helpful. I am grateful for the peace of mind they gave me. I would definitely use them in the future. Thank you Tammy!

Gracias mil son muy eficientes y lo que me parecía imposible de lograr lo hicieron realidad demoro pero valió la pena muy comprometidos y dedicados los recomiendo 100 % Gracias a Sthefani Pryor y a Patricia y a todas las asistentes que hablan español que nos apoyaron para salir de esta pesadilla del timeshare sin palabras Gracias 🙂

We contacted Finn Law Group about getting out of our timeshare and were so happy with the advice they gave us. Instead of charging us, they told us exactly what steps to take with our timeshare company, and it worked! In the end, we were able to get released from our contract for a fraction of what we thought it would cost. We really appreciate their honesty and guidance and would definitely recommend them.

Finn Law Group in my opinion is one of the elite law offices in the country, providing professional legal service. They really care about their clients needs and concerns. Finn Law Group resolved my timeshare issue providing excellent guidance and guaranteed positive results. I will be forever grateful for the stress relief they provided.

I called Finn Law Group with a timeshare issue and spoke with Mrs. Tammy. She was very professional and was able to assist me in a timely manner. She answered all my question so I could understand them and was ultimately able to help solve my problems/issues. This is a huge weight off my shoulders. Thank you Finn Law Group and thanks again Mrs. Tammy. I would defiantly call them back if I need further assistance.

Its crazy how she became my lawyer but i i wouldn’t trade anything about the situation…I want to say my girl Johanna is the best…anytime i had a question or concerned she was right there to answer me…If i had to do it all over again ill choose her and her firm…thanks for everything

Attorney Chris Davis is an outstanding lawyer. I appreciate him for all he has done for me. Thank you so much of attorney Chris Davis. I recommend him to anybody’s watching this, he will handle your case with care.

Finn Law Group; perfection. Did everything they said they would.

Amazingly helpful, professional, friendly, and caring. Great working with Tammy Tom, intake manager.

Anyone who has bought into a timeshare and then tried to end it knows of the frustration and stress this causes. I had two timeshares and engaged the Finn Law Group to help me get released from them. Not once, but twice, I experienced not only success in getting out of them, but a totally positive experience from beginning to end. The communication was consistent, honest, and professional. I was kept informed at all points in the process and was treated like a valued client. I would highly recommend the Finn Law Group.

Response from the owner:Thank you for choosing to work with Finn Law Group, Julie. I’m glad to hear that we were able to help relieve you of your timeshare in an efficient and professional manner. Our team is dedicated to providing our clients with the best possible service and outcome, and I’m happy to hear that we were able to do so in your case. Thank you again for choosing us and please don’t hesitate to reach out if you ever need legal assistance in the future. Thank you, Timeshare Attorney J. Andrew Meyer

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