Deep Dive on Insurance Deductibles
In almost every homeowner’s insurance contract, there is a deductible that the homeowner is
required to pay before insurance proceeds become due and owing. Many times, the amount of the
deductible is dependent on whether the claim is a hurricane loss or a non-hurricane loss. Although
Tips for Filing an Insurance Claim
If you have observed damage to your home, you may have considered filing an insurance claim. Here are
a few things to be mindful of when beginning this process:
Selling My Home While Litigiating Against My Insurance Carrier
There have been many times throughout my years of practice that I have been asked the question: “Can I sell my home while I am actively litigating my claim against my homeowner’s insurance company?” In short, the answer is, yes. However, recent legislative changes have created quite a stir as to whether or not this can still be done.
Recently Moved to Florida? A Few Things to Keep in Mind Regarding Florida Homeowner’s Insurance Claims That Might Surprise New Floridians.
In 2014, Florida was considered the Country’s 3rd largest state in population, and growing at a rapid rate. Often State Leaders are heard estimating that over 1,000 people each day relocate or move to Florida. A testament to all Florida has to offer – but new Florida Residents can have a serious learning curve regarding home maintenance and homeowner’s insurance in Florida.
Do I Need To File a New Claim?
If you have already made a claim on your home before, you are likely in one of three different situations that would require reporting the damages to your carrier. It can be confusing at times to know what your next best steps are, which is why it is best to call the carrier or your legal counsel when in doubt.
Repairing Your Property During an Insurance Dispute
In accordance with your homeowner’s insurance policy, part of the duty of the Insured is to allow for inspection of the damaged property by the carrier. If the insured undergoes a repair without notifying the carrier, then the carrier may later claim that they cannot inspect the damage to the property because it has already been repaired. The carrier may claim it has been prejudiced in its ability to fully inspect the damage to your property.
Insurance Company Insolvency and FIGA
Insurance company insolvency can be a significant issue for policyholders, as it can result in unpaid claims and financial losses. In Florida, the Florida Insurance Guaranty Association (FIGA) provides protection to policyholders when an insurance company becomes insolvent.
Before, During and After A Storm: Why Homeowners Insurance is so Important.
As homeowners, we invest significant time and resources into creating a safe and comfortable space for ourselves and our loved ones. However, unforeseen natural disasters such as hurricanes can wreak havoc on our homes, leaving us vulnerable to immense financial loss. That’s where home insurance comes to the rescue. In this blog post, we will explore the critical role of home insurance both before and after a hurricane, highlighting the importance of having adequate coverage to protect our homes and belongings.
Property Insurance Litigation: “Crisis” or Crying Wolf?
Property insurance rates are skyrocketing across Florida. There is no doubt a crisis in rising rates, but our legislature has blamed litigation for it. Governor Ron DeSantis passed Senate Bill 2A on December 16, 2022, which eliminated the right to attorney fees in residential and commercial property damage lawsuits. Now homeowners have to pay their own attorney fees. The big bad insurance companies ironically cried wolf, and it left policyholders stranded.
My Claim was underpaid and is Now Limiting the Scope of Appraisal. What does this mean?
Many homeowners are guilty of the same thing- they have never read or understood their homeowner insurance policy. Buried towards the end of the policy is oftentimes an appraisal provision. We will review appraisal provisions in property insurance policies in Florida, exploring their purpose, process, and potential benefits for policyholders.