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It seems like Floridians must worry about the possibility of storm damage after a serious hurricane every year. Many residents count on their insurance companies to help them negate their losses and rebuild after a hurricane. Nevertheless, thousands of property owners...
Florida homeowners must always be concerned about the possibility of hurricane damage. In doing so, they often rely on flood maps from the Federal Emergency Management Association (FEMA) to help them determine the amount and type of insurance they should carry....
If you notice that your windows are bowing, then there is an immediate need to find out the cause. Whether it's a natural disaster like high winds or a torrential downpour, bowing can be a sign that your windows have been damaged. Warped windows are not going to...
The Tax Cuts and Jobs Act changed the tax treatment of property damage caused by floods and other natural disasters. Florida residents may only be able to claim a deduction for damage that occurs during a federally recognized disaster. Hurricanes and other tropical...
Florida residents who own homes that sustained damage during Hurricane Irma are getting close to the time when they will need to file an insurance claim if they want help funding recovery costs. They have three years from the time a hurricane makes landfall to notify...
Florida residents may not be ready for the financial losses a natural disaster such as a hurricane could cause. In 2018, they caused $160 billion in damage throughout the country. According to the National Oceanic and Atmospheric Administration (NOAA), there have been...
The Florida Keys will receive a new influx of funds to help the islands recover from Hurricane Irma. According to Gov. Ron DeSantis, the Keys will receive $21 million to help deal with hurricane damage and an additional $35 million investment in affordable housing....
Most homeowners in Florida are aware of the potential for hailstorm damage, especially during the summer months when storms that can produce frozen rain are more likely to occur. But something odd happened in 2008: That year, nationwide hail-related losses passed the...
You recently suffered damage to your home during one of the major storms that passed through. You called your insurance company about the damage, but they seem to be giving you the run around. You would continue to wait for them to give you a payment to fix your home,...
Lawmakers in Florida approved a plan designed to restructure and lessen the importance of assignment of benefits, a common practice in the state's insurance industry. The Citizens Property Insurance Corp., which is backed by the state, faces thousands of lawsuits...