Archive for 'Homeowners Insurance' Category
Even three months later, Hurricane Irma and corresponding hurricane insurance claim denials here in Florida are affecting businesses and negatively impacting tourism. While the Florida Keys in particular typically attract more than three million visitors a year—especially right around after Christmas is over—many of the big resorts remain closed after Hurricane Irma. And when hotels are closed, […]
Florida, like Texas and Puerto Rico, has been through a busy hurricane season that has been extremely difficult on residents: just as of September, there were five major hurricanes ranked at category three or higher in strength, 13 named storms, and eight hurricanes total in the Atlantic. Hurricane Irma caused multi-billion-dollar losses, which includes approximately […]
Unfortunately, hurricane season was catastrophic this year. Because of warming sea temperatures, those like Harvey and Irma have triggered devastating and widespread flooding, with nearly 6.5 million people or a third of Florida’s population having to evacuate. Disaster Unemployment Relief Thousands of Floridians are already having to apply for temporary disaster unemployment relief claims with […]
In some circumstances, FEMA is also empowered to authorize payments to policyholders even before inspections are done if the policyholder needs to cover an emergency expenditure (such as temporary housing) after the disaster. HOA Contracts & Emergency Powers The process of repairing and mitigating damages under programs like these can be very confusing. For example, […]
To say that many Florida families have been waiting for assistance from the Federal Emergency Management Agency (FEMA) after Hurricane Irma is an understatement: It has been over a month, and still, many families are waiting for someone to come out and just inspect their flood-damaged homes so that they can move on and apply […]
Florida property owners have thus far filed reportedly $2 billion in claims to their insurance companies seeking assistance for damage caused by Hurricane Irma. The storm was ranked as one of the most powerful to hit the Atlantic, and killed at least 33 people in the state of Florida alone. It is crucial that insurance […]
When it comes to running a homeowners association or condominium and all of the upkeep and operations associated with these types of properties, it is important to understand the ins and outs of insurance coverage and liability. For example, “bare walls” insurance plans are often discussed in associations that want to limit the cost of water damage claims […]
Recently, one of the largest home builders in the nation lost a $16.3 million judgment to a condo association after the judge found that it had engaged in deceptive practices, leaving the association in poor financial condition. The company—D.R. Horton—started developing the association—Majorca Isles Master Association in Miami Gardens—back in 2005, but decided to stop […]
A new survey conducted by PolicyGenius reveals that while many Americans may believe that they understand their insurance policies, in fact, they do not, resulting in the mistaken belief that they are often the victims of bad faith insurance decisions. Unfortunately, this mistake could end up costing policyholders a fortune: Not only did the survey […]
Anyone who’s lived in Florida knows that we go through a “state of emergency” from time to time, either due to heavy rains, tropical storms, hurricanes, or other natural disasters. When there are events which give rise to property damage, this will inevitably lead to insurance disputes, as upkeep and welfare issues arise with respect to […]

