Property Insurance Tips for Canadian Snowbirds in Florida

Canadian snowbirds own a significant amount of property in Florida, and they are perhaps more aware of recent property insurance challenges than others outside of the Sunshine State. But while Canadian snowbirds face many of the same challenges as permanent Florida residents, they also face unique problems that require unique solutions. Could a property insurance lawyer in Fort Lauderdale help?

Deciding Whether to Sell or Stay 

Many Canadian snowbirds cannot handle the increased property insurance costs in Florida, and they are trying to sell. Insurance Business America states that a “growing number” of Canadians are following this trend. However, it is important to understand that this is a major financial decision. Before you sell your home in Florida, you might want to consider alternative insurance options or strategies. You should also remember that recent financial instability could pass in the coming years.

Prepare for Hurricane Season (Even if You’re Not Going to Be Around) 

Hurricane season in Florida spans from June to the end of November. Most Canadian snowbirds visit during the winter, when the True North becomes cold and inhospitable. As a result, there’s a good chance you’ll be present in Florida when the hurricane season climaxes. That being said, you should prepare for hurricane season even if you’re not planning to stay during these months.

You can prepare by keeping an eye on storm patterns, trimming or cutting down nearby trees, or perhaps laying sandbags to prevent flooding. You should also review the terms of your insurance policy before hurricane season arrives. If you need to make certain adjustments to your policy, you must do so before the storms start to make landfall. For example, you may choose to add flood insurance.

Check on Your Home While You’re Not Around 

When you leave your home in Florida, you might need to create systems and strategies to check in on the property from time to time. Insurers may deny your claim if they believe that you failed to check on the property for an extended period of time.

It may be worth hiring cleaners or landscapers to visit your property on a regular basis, even when you’re not around. With this approach, you can ensure that people will be on the lookout for leaks and other concerns while you’re back in Canada. You might also want to shut off electricity and water before leaving your Florida vacation home for an extended period of time.

 Contact Our Fort Lauderdale Property Insurance Lawyers Today

At Fuxa & Tyler, our legal team is made up of a diverse combination of attorneys who are well-positioned to protect the legal rights and financial interests of policyholders. If your property insurance claim was denied, we can help. For a free consultation, please call us today at (954) 990-5251. With an office in Sunrise, we represent policyholders in Broward County and throughout the state of Florida.

Sources: 

insurancebusinessmag.com/ca/news/breaking-news/canadian-snowbirds-selling-florida-properties-amid-soaring-insurance-costs-report-529716.aspx#:~:text=Several%20factors%20are%20driving%20the%20exodus&text=A%20growing%20number%20of%20Canadian,a%20report%20from%20Money.ca.

canadatousa.com/navigating-florida-property-insurance-essential-guide-for-canadian-property-owners/