Hurricanes can cause cost cities and states billions of dollars, and homeowners can lose their entire real estate investment. With these storms expected to get stronger as time goes on, it's become more important than ever to get insurance coverage. While regular...
Year: 2018
How to buy hurricane or flood coverage
Florida residents may have heard that forecasters are predicting an active tropical storm season. To protect themselves financially, it may be worthwhile to purchase hurricane and flood insurance. Flood insurance is required for a person who lives in a storm zone if...
Understanding uplift and the life of your roof
Florida isn't always the calmest place climate-wise, and weather conditions can turn sour quickly. For many people, the heat and sun in the state is enough to make it through the tough times. Still, damage to your home is likely, especially if there is a hurricane or...
New insurance company offers hope to homeowners
Florida residents who experienced damage from Hurricane Irma may not have been able to get money from their insurance company because the amount of damage that they experienced didn't exceed the cost of their deductible. In some cases, FEMA has denied claims saying...
Insurance claims continue to come in after Hurricane Irma
According to the Florida Office of Insurance Regulation, losses from Hurricane Irma are now at $9.7 billion. That is about $1 billion higher than in April, and there had also been more than 54,000 additional insurance claims since then. It was expected that insurance...
Now is the time to review insurance policies
Homeowners in Florida should be sure to check their insurance policies ahead of the hurricane season. In most cases, flood insurance policies don't take effect for 30 days after they are purchased. Homeowners and renters insurance policies generally don't cover damage...
Florida prepares for 2018 hurricane season after big Irma losses
Hurricane Irma in 2017 reminded state residents of their vulnerability to devastating hurricanes. To prepare for the 2018 season, government officials, emergency management teams and insurance companies have urged people to get ready by stocking supplies, preparing an...
Hurricane prep: What to do to get your home ready for a storm
Hurricane season is here, and it's time to think about how you're protecting your property. If you've had regular windows and glass in your home in the past, you may want to rethink your approach during this season. There are better, impact-resistant options that can...
South Florida insurance rates remain relatively low
South Florida property owners haven't been hit with large insurance rate increases after enduring a rough 2017 hurricane season. Some insurance analysts had expected rates to jump between 10 percent and 20 percent in 2018, but rates in the Miami area have only spiked...
Roof repairs still needed eight months after Irma
Some Florida residents who experienced roof damage in the aftermath of Hurricane Irma are still waiting for help rebuilding eight months later. One woman claimed that the damage to her home was about $25,000, and she said that there was no point in cleaning the rest...