Tag Archives: Property Damage
Florida Property Insurance Claims: What Do I Do If I Find Additional Damage?
Sustaining any form of property damage is always stressful. It is a huge relief when you finally get through the claims process and receive a full and fair settlement check. Though sometimes, this will not be the end of your issues. It is not uncommon for you, or your contractor, to find additional property… Read More »
Who Pays For Damage Caused by Fallen Trees?
Every year Florida faces many adverse weather events. Hurricanes and severe thunderstorms bring high winds and ferocious lightning strikes that can take down even the sturdiest trees. There is always potential that a tree could land on top of a residential or commercial structure. Fallen trees can cause tremendous amounts of property damage. They… Read More »
Law and Ordinance Property Insurance Coverage
Commercial property owners, along with residential property owners, may benefit from carrying law and ordinance insurance coverage. Law and ordinance coverage protects property owners who have sustained damage from the additional costs associated with new building code requirements. When Might You Use Law and Ordinance Coverage? Law and Ordinance insurance coverage covers losses sustained… Read More »
What is a Total Loss?
The classification of your property damage as a “total loss” could have a major impact on your ability to recover compensation. Florida property owners deserve a fair classification of their damage under the law. However, determining what constitutes a total loss can be more complicated than it might initially appear. Policyholders are Entitled to… Read More »
Florida Property Damage: Will I Always Get Money For Repairs?
Florida property owners are entitled to recover compensation for the full extent of the damages covered under their policy. Generally, we associate property insurance claims with the costs of making repairs, but in some cases repairs are not possible or are prohibitively expensive. In these situations, Florida property owners are instead able to recover… Read More »
Can I Sign My Property Insurance Benefits Over to My Contractor?
The assignment of benefits is a process by which your property insurance reimbursement is sent directly to a third party. One potential advantage of assigning benefits is that it can help homeowners with cash flow issues get emergency repairs. But, there are some complications with assigning your benefits to a contractor. Also, you need… Read More »
Are You Getting a Fair Property Insurance Claim Settlement Offer?
Suffering property damage to your home or business can be devastating. Most likely, you will want to file your insurance claim and resolve the issue as quickly and smoothly as possible. Unfortunately, sometimes property insurance companies take advantage of this natural impulse. Florida insurance companies are required to act in good faith under the… Read More »