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Homeowners insurance can help those who have been impacted by a natural disaster make up for some financial losses. However, Florida residents may not necessarily be covered for all disasters, even if they have a homeowners insurance policy. A Consumer Reports survey...
As a property owner, you know how important it is to get repairs done quickly and correctly after any kind of serious damage. Damage may occur after a natural disaster, or because of a malfunctioning or broken appliance or any number of other reasons. However, when it...
In September 2017, Hurricane Irma caused billions of dollars in damage throughout Florida and other areas of the South. Nearly a year after the hurricane hit, some people are continuing to have damage claims paid by their insurers. In one case, a homeowner filed a...
The damages caused by Hurricane Irma in Florida aren't only having a serious impact on homeowners whose properties have been damaged; reinsurers also noted significant losses as a result of the numerous claims resulting from the severe storm. In earnings reports...
Almost a year has passed since Hurricane Irma wreaked havoc in Florida, but many homes have still not been repaired. In Brevard, homes and businesses sustained losses of $157 million during the hurricane. People in the county submitted 45,458 insurance claims after...
According to industry experts, approximately 80 percent of U.S. homes are underinsured. That percentage is likely higher in Florida due to the area's hurricane risk. A representative from Arden Insurance in Lantana says that Florida homeowners frequently buy insurance...
At the end of July, President Donald Trump signed a four-month extension of the National Flood Insurance Program, a critically important support for Florida homeowners who have or will go through a hurricane season. The program was due to expire at midnight upon the...
Here in Florida, all of us face the very real possibility that a severe weather event may destroy, or at least significantly damage, our homes. If you are a homeowner in Florida, you understand that maintaining a strong grasp on your homeowner's insurance policy is...
If a homeowner in Florida is impacted by a hurricane, a homeowners insurance policy may cover some of the damage incurred in the storm. For instance, a claim may be approved if a tree branch falls through the roof and allows water to enter. However, if water entered...
Florida residents should know that homeowners insurance policies do not provide any type of flood insurance. It is also important to understand that it can be hard to define what a flood is because it can be caused by anything from poor drainage to the landfall of a...