Understanding the Risks of Cast Iron Pipes in Florida Homes Cast iron pipes were once popular for plumbing in Florida homes, especially those built before the 1970s. However, these pipes can deteriorate over time due to rust, corrosion, and other environmental factors. Florida’s humid climate and often salty air can accelerate the breakdown of cast...
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One of the most common causes of house and property fires is faulty wiring. According to the National Fire Protection Agency, electrical fires account for 13% of all home structure fires. Electrical malfunctions are second to unattended equipment as the leading cause of house fires in the US. If your property damage in Tampa stemmed...
Property Insurance Coverage for Window Damage Homeowners insurance is a vital tool for protecting your property against unexpected events. Window damage is a common concern among the many potential hazards affecting your home. Whether caused by a severe storm, a break-in, or an unfortunate accident, window damage can compromise the security and comfort of your...
Does My Home Insurance Cover Theft? Florida homeowners often wonder if their insurance policy protects them against theft. Theft can lead to significant financial loss, and having insurance coverage can ease the burden. Yes, most standard Florida homeowners insurance policies cover theft. This protection typically applies to personal belongings stolen from your home and, in some...
Homeowners in Florida can purchase insurance policies to cover damages to their houses, other structures on their properties, and belongings inside the home. Homeowners insurance can recoup a homeowner’s property damage repairs or lost property replacements after disasters such as fires, storms, floods, or theft. Most homeowners insurance policies cover appliances and items such as...
Backdated insurance requests coverage for something that happened before purchasing the policy. If you need to backdate an insurance claim, you need property damage coverage before paying for the policy. Most homeowners’ insurance companies do not offer backdated insurance. If you know you will need to request compensation for preexisting damage, find out if the...
Why Insurance Companies Claim a Financial Crisis to Raise Rates and Blame Litigation Insurance companies have increasingly pointed to a “financial crisis” as justification for skyrocketing premiums in recent years. They claim that excessive litigation and fraudulent claims are the culprits behind rising costs, yet deeper scrutiny reveals a different story. Often, these crises are...
10 Signs That Your Insurer May Have Underpaid Your Property Damage Claim Dealing with property damage is challenging enough without the added stress of an underpaid insurance claim. When your insurer fails to provide the total compensation you’re entitled to, it can have serious financial implications. Identifying signs of an underpaid claim early on can...