Sinkholes and Your Insurance
A typical homeowner’s policy doesn’t cover sinkholes or other instances involving movement of the earth such as earthquakes and landslides. However, the law in Florida requires insurers to cover catastrophic ground cover collapse. Defining Ground Cover Collapse This is when the ground gives way and causes structural damage to a building and its foundation. While […]
Will Insurance Pay for My Air Conditioning?
Air conditioning is a necessity in the hot and humid Florida climate. The good news is that in many instances, your AC unit is covered under your standard homeowner’s policy for repair or replacement – provided its damaged or destroyed by a listed peril in the policy. Limitations and Terms May Apply It’s important to […]
Can You Trust Contractors Referred by Your Insurance Company
Locating a contractor to perform repairs, restorations or replacement to your home after a disaster can be a dauting endeavor. You want the work done as quickly as possible, especially if the home is uninhabitable, but you also want the highest quality work possible. In some instances, your insurer may have a network of preferred […]
Does Homeowner’s Insurance go up After a Claim?
The cost of homeowner’s insurance will typically increase when it’s time for renewal after you’ve filed a claim. Your insurer will view you as more likely to file a claim than other clients. That constitutes a risk in the view of insurers, with the potential that the insurance company will have to make a payout. […]
Public Adjusters, Advocates for the Insured
Dozens of disasters can befall homeowners and renters in South Florida. The Sunshine State is subject to torrential rain, hail, tornadoes, wildfires, and hurricanes. There are home fires, burst pipes, theft, and falling trees that can inflict significant damage to property. Policies for renters and homeowners are purchased to protect property, but there are also […]
Can a Public Adjuster Reopen a Denied Insurance Claim?
The answer is yes. If the company that issues your home insurance denies your claim, a public adjuster has the power and authority to reopen the claim and negotiate for more money on your behalf. The Facts A public adjuster is not the same as the insurance adjuster that your insurer sends to perform an […]
Homeowners Insurance: Why You Need It
In some instances, homeowner’s insurance isn’t just a need, it’s a requirement. If you obtain a mortgage to purchase a home, insurance is required. It doesn’t matter whether it’s your first home, a vacation getaway or an income property, homeowner’s insurance protects your investment. You can legally own a home without insurance if it’s completely […]
If I Hire a Public Adjuster, Can I do My Own Insurance Claim Work?
The answer is no. Once a homeowner has signed off on a claim with their insurance company, the policy holder can’t reopen the claim – even if they discover the settlement was insufficient to cover the costs. Only a lawyer or a public adjuster has the authority to perform that task. The public adjuster is […]
What is the Advantage of a Public Adjuster?
Insurance companies provide coverage for damage to homes and businesses when a disaster occurs. However, the bottom line is that insurance companies are in the business of making money. What policyholders need to understand is that any claim they make can be underpaid or denied for any number of reasons. That’s when the advantages of […]