Homeowners’ Insurance Homeowners’ insuranceis a property insurance policy that offers coverage for a residence. This form of insurance commonly covers losses and damage to your private home, along with furnishings and assets. Many mortgage lenders will require homeowners’ insurance. ...
By law, Florida insurance companies must offer homeowners insurance discounts to policyholders whose homes are less likely to suffer wind damage. For example, you can save money by adding storm shutters or upgrading how your roof is attached to the rest of your house. Learn more about hurricane...
Deep impact: new Florida homeowners insurance laws are influencing the insurance and reinsurance market in other states and other lines.(Reinsurance/Capital Markets: Expanded Florida Law)Green, Meg
Providing Insight Into Florida Insurance Law and Litigation Hurricane Hermine Update – Roof Claims ByMark NationonSeptember 5, 2016 Posted inBusiness Insurance,Homeowners Insurance,Property Insurance,Roof Claims Tens of thousands of Florida home and business owners have insurance claims for damage caused...
HB 1049: Requires disclosing information to home buyers such as whether the properties have hadflood damageand notification that homeowners' insurance policies don't include coverage for flood damage. HB 1235: Makes a series of changes related to sexual offenders and sexual predators, including changi...
11. HOMEOWNERS CLAIMS DISPUTES Mr. Sapourn spent 23 years running a large, privately-held insurance brokerage in the Washington, DC area. When a licensed Florida Public Adjuster, he adjusted substantial Homeowners and… See More 12. INSURANCE AGENTS ERRORS & OMISSIONS ...
BEWARE: Proposed Law Trying to Limit Roof Insurance Claims! ByK.C. WilliamsonFebruary 6, 2022 Posted inHail Damage,Insurance,Laws,Legislature,Roof Damage,Storm Damage,Uncategorized,Wind Damage Hurricanes and other wind storms are a constant threat to Florida homeowners. Florida homeowners have always ...
Petrelli said litigation is escalating in a way his company couldn’t have anticipated. He cited evidence of law firms backed by deep-pocketed investors that use search engine optimization to find homeowners who want repairs done, and then encourage them to bring suit. “They were targeting insur...
An “assignment of benefits” involves homeowners signing over their insurance policy benefits to contractors in return for repair services. This comes up a lot in cases which involve water damage, in which contractors fix the homeowners water issue and in turn seek payments from the insurance comp...
for catastrophic losses. It may take years to know if the changes can stabilize the market. Bankrate dug deep into the Florida insurance industry to identify systemic issues and help you understand your options if you receive a cancellation or nonrenewal notice on your homeowners insurance policy....