FORT LAUDERDALE, Florida. According to the Sun Sentinel, Hurricane Irma has resulted in increased lawsuits against insurers. Florida’s top 20 property insurers received 10,933 lawsuits between January 1 and March 31. The Sun Sentinel reports that this is a 61percent increase in lawsuits over previous years.
FORT LAUDERDALE, Florida. It can be tough to live with a broken window or a damaged roof after a hurricane, but it is important to take the time to find the right contractor to fix your home to ensure long-lasting repairs. Unfortunately, in the aftermath of the storm, dishonest contractors may use the confusion and […]
FORT LAUDERDALE, Florida. Roof damage, when left unfixed, can lead to more costs down the line. In addition to being more-costly going forward, if you fail to address a leaky roof or make repairs when they are needed, your insurance company may later reject a claim, claiming that your failure to mitigate your damages made […]
FORT LAUDERDALE, Florida. Many insurance claims remain unpaid after hurricanes Irma and Maria. According to the Palm Beach Post, approximately 50% of insurance claims remain unpaid or delayed after Irma in Florida. Homeowners have been forced to finance repairs themselves while they wait for insurance companies to come through. For some families, this means […]
It’s easy to underestimate the destructive power of water, but even a small leak can cause severe damage if left unaddressed. Unfortunately, just because you have homeowner’s insurance doesn’t mean your policy will cover your losses.
If you own a home in Florida, then chances are your homeowner’s insurance payments take a sizeable bite out of your monthly budget. Although there are many potential ways to reduce your premiums, one of the most effective (and often overlooked) is obtaining a Wind Mitigation Inspection and correcting any deficiencies identified during the inspection. […]
The costs of recovering from a hurricane, flood, fire, or other disaster will start accruing immediately after the incident. From emergency repairs to finding a temporary residence, there are a lot of expenses that you may have to cover out of your own pocket before your insurance company pays out, and you may be wondering […]
It’s no secret that Florida has the highest homeowner’s insurance rates in the country. As we explained in a previous blog, premiums in Florida are 109-percent higher than the national average. Although our state’s vulnerability to hurricanes certainly contributes to these high rates, fraud has also played a role in premium inflation.
Insurance companies are in the business of making money. The less they pay on your claim, the more money the insurance company saves. Even when the insurance company does the right thing, they often come up with the wrong result. Why? This happens for a number of reasons, some are innocent and some are less […]