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Tag Archives: Water Damage

What Does Flood Insurance Cover? Perhaps Not Much!

Posted in Flood, Flood Damage, Insurance Policy, Uncategorized

After a flood or other substantial water event, flood insurance policy holders are often surprised to learn what is covered by their flood policy – and more surprisingly, what is NOT covered under their flood insurance policy.  As I have written about before, flood insurance is totally separate from homeowners insurance, and both provide separate… Continue Reading

Is Flood Damage Covered Under My Homeowner’s Insurance Policy?

Posted in Flood Damage, Insurance, Insurance Policy, Storm Damage, Uncategorized, Water Damage

Most people believe that when they buy homeowner’s or commercial property insurance that they will be covered for any damage that may occur to their property.  Unfortunately, as many people have painfully learned during recent flooding events, the normal policy of homeowner’s property insurance does NOT provide coverage for damage caused by “rising water” or… Continue Reading

After the Storm – How to Handle the Storm Damage Claim

Posted in Erika, Hurricane, Storm Damage, Tropical Storms, Uncategorized

As Tropical Storm Erika was quickly approaching landfall a few weeks ago, Floridians were correctly focused on preparing for the high winds and water that could have caused an unknown amount of damage.  As important as pre-storm preparation is, the steps you take immediately after the storm are also crucial with regard to your ability… Continue Reading

Lightning Strikes – Florida’s Most Underrated Disaster

Posted in Insurance, Lightning, Roof Damage, Storm Damage, Uncategorized

Although it doesn’t get the same attention as Florida’s other natural disasters, lightning damage led to more than 10,000 insurance claims in Florida over the past year.  Florida ranks first in the nation for both injuries caused by lightning strikes and insurance claims caused by lightning related damage. The estimated total property damage caused by… Continue Reading

The Ultimate April Fool’s Prank – Higher Flood Insurance Rates! (It’s a joke, right?)

Posted in Flood Damage, Legislature, Uncategorized

Normally, April 1st is known for being the one day when you can pull pranks on friends and co-workers and still escape the beating that would normally follow on any other day.  By merely yelling, “April Fools!”, you can escape judgment for all sorts of sins and misdeeds – all in the name of “good… Continue Reading

Tornado and Flood Damage in Florida – What to Do After the Storm

Posted in Flood Damage, Hurricane, Insurance, Insurance Policy, Roof Damage, Storm Damage, Uncategorized, Water Damage

Over the last few days, Central Florida has been pounded by torrential rain, tornadoes and high winds.  These damaging windstorms and tornados were especially violent in Manatee, Sarasota, Lee, Hillsborough and Pinellas Counties.  These thunder storms caused flooding in Shore Acres, wind damage in Siesta Key, and claimed the lives of two people in Duette…. Continue Reading

Hail Damage Claims – Truth vs. Insurance Company Fiction

Posted in Hail Damage, Hurricane, Roof Damage, Uncategorized

Almost every time we speak to a new client regarding their hail damage insurance claim, our clients tell us that the insurance company representative told them some variation of one or more of the below statements.  Unfortunately, insurance company adjusters have a habit of trying to convince property owners that they have “no business” filing… Continue Reading

Flood Insurance Crisis – Possible Help on the Horizon

Posted in Flood Damage, Insurance, Legislature, Uncategorized, Water Damage

By now, most Floridians have heard about – or even experienced – the incredible spike in flood insurance premiums that are coming their way due to the Biggert-Waters Flood Insurance Reform Act.  In short, the Biggert-Waters act is a new federal law which attempts to address a $24 billion dollar deficit in the coffers of… Continue Reading

Hurricane Preparations Part I – Develop a Plan for Your Family

Posted in Hurricane, Storm Damage, Tropical Storms, Uncategorized

An essential part of hurricane preparation is having a plan for your family long before a storm arrives.  Once the storm arrives, it is too late to start thinking about contingencies and making plans for your family’s safety.  Your basic plan can be re-used each year, but make sure to review your plan each year… Continue Reading

Water Damage – the Silent Destroyer of Homes

Posted in Flood Damage, Insurance, Insurance Policy, Uncategorized, Water Damage

Although hurricanes, earthquakes, and sinkholes get the majority of the attention in the news, the vast majority of insurance claims deal with water damage to property.  These claims are generally broken into two categories – flood damage and water leak/seapage damage.  Flood claims revolve around damage caused by “rising water”, as opposed to other types of water losses… Continue Reading

New Flood Insurance Law May Crush Florida’s Real Estate Market

Posted in Flood Damage, Insurance, Insurance Policy, Uncategorized, Water Damage

Pursuant to a new Federal law, premiums for residential flood insurance in Florida may soon be as high as $24,000 a year.  A new law, the Biggert-Waters Flood Insurance Reform Act, was enacted by Congress in 2012 as a knee jerk reaction to the recent large scale disasters such as hurricanes Katrina and Sandy.  Proponents of the new… Continue Reading