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
Public Adjusters and Attorneys are an integral part of protecting Florida homeowners. Public Insurance Adjusters and Property Damage Lawyers will often work together to help maximize the client’s insurance claim recovery. Both the Public Adjuster and the Attorney have separate but crucial roles to play in the insurance claim process.
A recent study found that
Prior to purchasing homeowner’s insurance, you need to honestly answer a few questions to make sure you but the correct type and amount of coverage. Although you should always seek the advice of a professional insurance agent when selecting coverages, you will ultimately need to give thought to the below questions as you go through
If your plumbing system is cast iron pipe, your home may be a disaster waiting to happen.
Most homes built prior to 1975 used cast iron pipe plumbing, which was the standard up until that time. Unfortunately, these pipes are subject to the build up of corrosion and rust on the inside of the pipes.
After a loss, an insurance company will often mandate that the policyholder complete and sign a form called a Proof of Loss regarding the damages claimed by the policyholder. A Proof of Loss is a one page form (possibly with attachments) that is usually provided to the policyholder by the insurance company.
The Proof of
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
When dealing with a hurricane or tropical storm, surviving the weather event is often only the beginning of the battle. The insurance company’s constant nit-picking of your claimed losses can drive you bonkers – especially while you are trying to put the rest of your life back together. Then, just when you think you may
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