Understanding Insurance Requirements for Florida Condo Associations Florida condo associations have unique responsibilities regarding property insurance. State regulations and governing documents mandate specific types of coverage to ensure that shared property and common areas are protected. The Florida Condominium Act (Chapter 718, Florida Statutes) governs condo association operations and outlines insurance obligations. This ensures associations...
Monthly Archive: May 2024
Florida Condo and HOA Property Insurance Claims: What You Need to Know Navigating property insurance claims for condos and homeowners’ associations (HOAs) in Florida can be daunting. The unique nature of shared ownership, complex policies, and state-specific regulations often challenge board members and property managers. Here’s a comprehensive guide on what you need to know...
Understand the Role of the Home Insurance Adjuster You may assume your insurance provider will be on your side after a damaging natural disaster or another event that harms your property. After all, you have kept up with your insurance payments for years and never asked for a dime in return. Unfortunately, many homeowners learn...
Understanding Hurricane Insurance in Florida: What Homeowners Need to Know In Florida, hurricane insurance is not a standalone policy but a combination of coverage options, including windstorm damage, flooding, and additional protections under a standard homeowners insurance policy. Because Florida is prone to severe hurricanes, insurance companies break down coverage into several components to protect...
The Benefits of Hiring a Lawyer for Florida HOA Hurricane Damage Claims Florida’s hurricane season can significantly challenge homeowners’ associations (HOAs), particularly for condo associations. Dealing with the aftermath of a hurricane involves navigating complex insurance claims, managing repair contracts, and addressing legal disputes. Hiring a lawyer experienced in hurricane damage issues will provide invaluable...
Running a hotel involves significant investment and responsibility, and unforeseen events such as natural disasters, accidents, or vandalism can cause substantial damage to your property. Navigating the insurance claims process for such damage can be intricate and overwhelming. Hiring an experienced insurance lawyer can be invaluable in ensuring your hotel receives the compensation it deserves....
What to Do After a Car Accident Auto accidents are unfortunate events that can happen to anyone, anytime. Being prepared and knowing the proper steps can make a significant difference in navigating the aftermath. In this guide, we’ll explore the essential steps to handle an auto accident and explain why hiring a lawyer is crucial....
Can you sue if an insurance company fails to compensate the policyholder as outlined in the insurance policy agreement? Insurance companies are expected to settle claims in good faith. Failure to do so is a violation of state law. Florida’s law states that insurance companies must act “fairly and honestly toward its insured and with...