A news story was recently televised on WFLA News Channel 8 presenting some potentially alarming developments regarding insurance. Florida legislators may be paying closer attention to lawyers representing insurance companies, citing House Bill 751 and Senate Bill 1464. These bills appear to include language that would make it harder for policyholders to take action against…Continued
The government shutdown is leading to a host of problems. For one, numerous government employees are going without pay. Countless other federal services have also been put on something of an indefinite hiatus until the shutdown is resolved. In regards to insurance, this may also affect people that are seeking flood insurance. Before we elaborate,…Continued
Are you among the millions of households that are currently renting a Miami home or apartment? If you’re planning to rent in 2019, you may find that the home you’re staying in will require you to have renters insurance. Having a degree of understanding of what this insurance is all about can save you from…Continued
In the event of a natural disaster it’s important to take care of yourself and all your personal data. Your own life is priority over anything else, then you should worry about all your data and anything you want to protect. Having all your information, photographs, and other documents ready will make your transition into…Continued
A little over a month has passed since Hurricane Michael rampaged through the Florida Panhandle as a powerful Category 4 storm. A month since causing its extensive damage, Florida is still dealing with a rise in losses as recovery efforts continue. Hurricane Michael is the most powerful storm of its kind to ever hit the…Continued
Last resort insurer Citizens Property Insurance has amassed close to $2 billion in losses due to the effects of Hurricane Irma, and it has handled well over 70,500 claims. Despite the large numbers and Irma losses, its Chief Financial Officer reassures that Citizens’ financial picture is “incredibly strong”. There’s still about two months before we…Continued
The more you know about homeowner’s insurance and how it works, the better off you’ll be in the event your home suffers damage. If you’re considering homeowner’s insurance, there are a couple of things you should know so that you have a greater understanding and are better able to deal with your insurance company. For…Continued
There are people who rent apartments and others who own a house. One thing is for certain: whether it is renting an apartment or buying a house, each one is considered one’s home. There are plenty of things to consider when renting or buying; however, having your home insured is key in both scenarios. …Continued
After a storm, many homeowners with coverage find out the hard way that the amount of coverage is inadequate to cover the extent of damage. On the other hand, they may also learn that the damage is not enough to reach the deductible. Homeowners often fail to look over their policy to see what is…Continued
For those of you that are keeping tabs regarding Hurricane Irma and the damage it caused, a recent Herald Tribune article says claims have now reached close to $9 billion. Over 900,000 property homeowners have filed Irma claims due to losses caused by the storm, which made its way through Florida last year. While the…Continued
With the rising costs of homeowner’s insurance premiums, you may decide to seek out a more reasonably priced quote with a different provider. Your home ends up suffering extensive damage so you decide to file a claim only to be told some potentially upsetting news: the money you’ll be receiving reflects your home’s depreciated value…Continued
