Important information you need to know about new Florida law. Insurance companies must decide a claim in 60 days. Get representation, file quickly. The new law has shortened the time for insurance companies to make coverage decisions. Make sure you hold them accountable. If you feel that your insurance company has not properly responded to … Continue reading “The 60 Days Rule. Must File Quickly!”

You need to watch out. If you own a second home or a vacation home in Florida, you may be hit by increased insurance premiums based on the new Florida law. Check with your insurance agent or speak with an experienced insurance attorney to make sure that you are properly covered.

Under the new Florida law, if you receive an insurance premium offer from another insurance company that is less than 20% more than the renewal offer from Citizens, you will not be eligible to be insured by Citizens. For example, if Citizens renewal offer is a thousand dollars and another insurance company offers a premium … Continue reading “Citizens Insurance & the 20% Gotcha!”

Don’t forget to supply proof. If you are insured with Citizens, you’ll need to provide a copy of your flood insurance if you want to be insured by them. It does not matter if you are not in a flood zone, they will drop you. Make sure to check with your insurance agent or speak … Continue reading “Citizens Flood Requirement. Must Supply Proof!”

New changes in the law that you need to know about. If you have insurance with Citizens Property Insurance Corporation, you will need flood insurance regardless of whether you are in a flood zone or not. Citizens requires flood insurance for all residential policyholders. That means if you live in a single-family home, you will … Continue reading “Citizens Flood Insurance Requirement Critical Update!”

Everything old is new again. Ordinance and law coverage. What the hell? Many homeowners are in for a rude awakening when they go to rebuild their hurricane-damaged home. If your home was destroyed, you may not be able to just build it back the way it was. You will likely need to upgrade to the … Continue reading “Everything Old is New Again! Ordinance & Law Trap!”

I lost my rental property income. Am I screwed? If your rental property is damaged and you cannot rent it out, you may be able to claim lost rental income under your homeowner’s insurance policy. In addition to getting funds to repair your property, you would need a DP3 policy to protect you if you … Continue reading “I Lost My Rental Property Income. Am I Screwed?”

Am I covered for evacuation? Maybe you had to evacuate your home as a storm approached. Maybe you couldn’t live in your home while it was being repaired. Many homeowners policies have coverage for this called “Additional Living Expenses.” It’s well worth it to have this coverage as lodging before and after a storm can … Continue reading “Am I Covered for Evacuation?”

Can you get paid for not living in your home? If you had to evacuate your home during a storm or following a storm, you may be eligible for reimbursement for additional living expenses, such as getting a hotel or an Airbnb. Many homeowner policies have coverage for “additional living expenses.” Check with your insurance … Continue reading “Can I Get Paid for NOT Living in My Home?”

The hurricane damage hidden in your home. I’ve heard so many times, “I’m so lucky. My neighbors suffered damage from the storm, but I didn’t.” Well, there can be serious damage that is not obvious to the untrained eye. If your neighborhood has suffered from serious storm damage, I highly recommend that you get an … Continue reading “The Hidden Hurricane Damage in Your Home”