Category Archives: Property Insurance
AI and Drought Threaten Fort Lauderdale Homeowners as Insurance Rates Decrease
Florida homeowners are cautiously optimistic about the future. While reforms have successfully addressed the home insurance crisis in Florida, new threats are emerging. Some of these threats are weather-related, such as increasing droughts in the state. Other threats involve new technology, such as AI. In the face of these threats, insurance premiums are set… Read More »
Insurance Company Charges Florida Man for Home He Doesn’t Even Live in
Property insurance companies are capable of all kinds of misconduct, and sometimes this misconduct occurs without you even realizing it. Recently, a man in South Florida realized that he had been charged for 13 months of home insurance despite not even living in the insured property. If you have experienced misconduct like this, consider… Read More »
Factors That Affect Your Insurance Premiums in Fort Lauderdale
If you’re one of the many Floridians concerned about unaffordable insurance premiums, you might be wondering why you’re paying such a high amount. Who calculated how much you should pay? How did your insurance company come to its conclusions? If you’re asking yourself these questions, you might want to familiarize yourself with the various… Read More »
How Is Property Insurance Different for Those Who Own Mobile Homes in Florida?
Mobile homes (also known as manufactured homes) are fairly popular in Fort Lauderdale due to their affordability and low maintenance needs. Fort Lauderdale is home to many vibrant communities filled with mobile homes owned by people of all walks of life. One key thing to remember is that mobile home insurance is slightly different… Read More »
Are You Ready for the Hurricane Season in Fort Lauderdale?
Hurricane season is only a few weeks away in Fort Lauderdale, and many responsible homeowners are already making preparations. Even if you don’t own your own home, you can still stay safe by following a few relatively easy steps. If you’re concerned about documenting future hurricane damage, consider speaking with a Fort Lauderdale property… Read More »
My Car Was Destroyed by Hail in Fort Lauderdale While Parked on My Property: Does Home Insurance Cover the Loss?
If you have lived in Fort Lauderdale for many years, you’re probably aware of the threat posed by severe hailstorms. These chunks of ice can seriously damage your vehicle, potentially causing considerable losses. If you walked out of your home one day to find your vehicle smashed to pieces by hail, you might be… Read More »
Should I Raise My Home in Fort Lauderdale?
Because flood risks are so high in Fort Lauderdale and other parts of Florida, many homeowners are considering the benefits of simply elevating their residences above probable flood levels. This simple home improvement could save your residence and your belongings from severe flood damage. But is it really worth it? How much could it… Read More »
Major Florida Insurer Accused of “Doctoring” Field Adjuster Reports
Property insurance companies in Florida are supposed to be trustworthy organizations. However, these companies often face lawsuits and allegations regarding misconduct, including outright lies and fraud. A recent case involves a major insurer in Florida that allegedly “doctored” field adjuster reports. What if you believe that your property insurance lawyer engaged in similar misconduct?… Read More »
Florida Landlord Struggles With Denied Property Insurance Claim
Landlords often have to file property insurance claims in Fort Lauderdale. As experienced landlords know, tenants can be extremely destructive, potentially causing damage that costs hundreds of thousands of dollars to repair. This is why landlord insurance is so important. But what happens if your insurer denies your claim? A recent case in Florida… Read More »
Lawmakers Question the Legality of Forced Arbitration in Florida’s Insurance Industry
Mandatory arbitration continues to be a key issue in the Florida insurance industry. While some believe that this process is unfair (or even unconstitutional), insurers such as Citizens have been allowed to continue forcing policyholders to settle their claims outside of court. A new report suggests that Florida lawmakers have serious questions about this… Read More »