Understanding First-Party Claims

If you purchased your home with a loan from a financial institution, you probably also had to purchase homeowners insurance. This insurance is supposed to provide a safety net for just in case anything bad happens to your home. Accidents happen, disasters strike and, when they do, your insurance policy should have you covered. After your property has been damaged, you will need to file a first-party claim. Read More

4 Ways Water Can Damage Your Home

When you think of winter, you might not think of the possibility of water damage to your property. However, many properties in Florida are damaged by water from hurricanes, flooding, or other disasters. Here are the top four ways water can damage your home. 1.  Flooding When people hear the word flooding, they might think of torrential rains or a river out of its banks. While these natural disasters can cause Read More

3 Sneaky Clauses to Look for in Your Insurance Policies

When you purchase an insurance policy for your home or business, you expect that your property will be covered in the case of an accident or natural disaster. Unfortunately, this isn’t always true. Sometimes, insurance policies have deeply-buried clauses that release the company’s obligation to cover you. Here are three sneaky clauses to look for in your property insurance policies. 1. Insurance Read More

6 Steps Insurance Companies Take to Investigate Claims

An accident can result in claims of property damage, personal injury, or a combination of the two. Once you submit your claim, an adjuster will be assigned to your case. The purpose of the adjuster is to investigate your claim to determine exactly who or what is at fault. Here are the steps that insurance companies take to investigate claims. Initial information gathering You filed an insurance claim, so Read More

5 Examples of Insurance Fraud

If you are filing an insurance claim on your homeowner’s policy, you want to make sure you get the payout that you are entitled to. Taking the time to ensure your claim is filed properly and completely right from the start will help avoid delays and get your claim properly settled. Unfortunately, many people are tempted to try to increase their claim through insurance fraud. While it may seem like an easy way to get Read More

5 Tips for Negotiating with an Insurance Adjuster

If your property has been damaged and you file a claim, you may think like most people that one of two outcomes are possible. First, the insurance company will offer you a reasonable amount for your claim and you accept it. Or the second option, which is you will have to sue the insurance company in order to get what you are entitled to. The reality is, however, that in most cases you will actually have to negotiate Read More

Insurance Law 101: Loss of Use Explained

When it comes to property law, loss of use can be applied to any type of property and can occur in many different situations. Any time property becomes unusable, or even partially unusable, the owners can claim loss of use damages. This type of claim is possible when the property becomes unusable not because of direct damage, but for other reasons, examples of which will be given below. In most cases, this will mean Read More

It’s the Start of Hurricane Season, Part 2: How to Reinforce Your Insurance Policy

Last month we offered some strategies to reinforce your home to protect it from the heavy rain, strong winds, and other threats caused by hurricanes. While those steps can do a lot to strengthen your home and minimize the risk, the reality is there is nothing that can eliminate the risk of damage from a strong hurricane. This is why it is important to ensure your insurance policy is up to date and will provide the Read More

It’s the Start of Hurricane Season, Part 1: How to Reinforce Your Home

As we move into hurricane season, many people want to make sure they are as prepared as possible for whatever comes their way. While virtually no home can withstand a direct hit from a powerful hurricane, a reinforced home can stand up to most anything else. The following are some practical things that you can get done right away to ensure your home is as strong and secure as possible for this (and all future) Read More

4 Things You Need to Know About Commercial Property Insurance

One of the most important things you can do as a business owner is plan for the future. There are many ways this can be done, one of which is securing the necessary insurance policies to get the protection you need should something unpredictable occur. When choosing commercial property insurance, make sure you know what it is, and what you need, before signing any new paperwork. What will be Covered Under Read More