The recent spike in inflation has substantially increased the daily cost of living for all Floridians. Everyday goods such as food and fuel now cost more, and it is having a noticeable impact on household finances. At some point, the question then arises as to how this inflation effects your property insurance coverage.
Your insurance
Hurricanes and other wind storms are a constant threat to Florida homeowners. Florida homeowners have always been able to feel secure that if they had a roof damage insurance claim, their insurance policy would provide for the repair or replacement of their roof. That may all change if Florida Senate Bill 1728 becomes law.
Since
Your insurance coverage limits are the maximum amount the insurance company will pay you after a loss. As you’ve probably noticed, the cost of buying a home has skyrocketed – and experts say that the market is not going to slow down anytime soon. With the home prices increasing at such a rapid pace, should
Several Health Insurance Companies recently announced that they intend to severely limit payouts for Covid-19 treatment and will instead push these costs onto their insureds. Since the beginning of the pandemic, most fully insured Covid-19 patients had all of their hospitalization costs waived by their insurance company, but that situation is apparently coming to an
Now that Hurricane Michael has caused devastation through Panama City, Mexico Beach, Tallahassee, and the Florida panhandle, property owners are now facing the damage left behind by the storm. Although homeowners may be overwhelmed by having to now navigate a hurricane insurance claim, there are – at least – 9 things that property owners should
It seems like every April 1st, the National Flood Insurance Program informs us that it is raising the premium rates for flood insurance. (Feel free to insert any April Fools jokes here.)
As of April 1, 2018, the average flood insurance premium rose 8 percent, with some property owners seeing increases of up to 25
Roof damage is the most common type of hurricane insurance claim we see after a hurricane, wind storm or hail event. Wind from hurricanes and tropical storms can cause substantial roof damage – whether just a few loose shingles or the total destruction of the entire roof structure. Even worse, any opening in your roof
Policyholders are often shocked to learn that the loss settlement check they receive from the insurance company is payable not only to the policyholder, but to their mortgage company as well. Homeowners insurance policies are broken down into several types of coverage – whether for the building, personal property, liability, alternative living expense, or
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
The University of Florida Gators were scheduled to play football against the University of Idaho Vandals on August 30, 2014 in what was to be the Gators season home opener in Gainesville, Florida. The football game was initially scheduled to begin at 7:00 p.m., but due to heavy rains and lightning, the start of the