Florida Mold Insurance Coverage: More Limited Than You Might Think Property damage caused by mold can be a real problem—especially here in Florida. Florida’s humid climate and often rainy weather create the perfect petri dish to grow toxic and damaging mold. Fortunately, most homeowner’s insurance policies cover the damage caused to your property by mold....
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Filing a homeowners insurance claim in Florida requires proactive and vigilant behavior, given our unique weather challenges, such as hurricanes and tropical storms. However, many individuals unknowingly make mistakes that can impact the success of their claims. While it might be tempting to handle the claims process alone, there are reasons why Florida homeowners should...
Navigating Geico’s Personal Injury Claim Process in Florida Personal injury claims are essential to insurance coverage, providing individuals with financial protection in accidents or injuries. However, filing a claim can sometimes become a daunting experience, especially when insurance companies deny the claims. One such insurer, Geico, has been known for denying personal injury claims in...
Florida hailstorms can cause extensive damage to your property. The extent of damage will depend on the size of the hail and the amount of wind and rain associated with the storm. Most insurance policies require you to...
An inflation guard coverage endorsement is an add-on to an insurance policy that automatically increases the coverage limits to keep pace with inflation. This type of endorsement is typically used in property insurance, such as homeowners or commercial property insurance, to ensure that the insured value of the property remains adequate over time as construction...
When Florida homeowners face disputes with their insurance companies—whether over-denied claims, underpayments, or delayed settlements—they often need a resolution that can avoid the costs and complexities of a court trial. Mediation, binding, and non-binding arbitration offer alternative dispute resolution (ADR) options in these situations. Understanding the differences between these methods and choosing the right one...
Public Adjusters and Attorneys are integral to protecting Florida homeowners. Public insurance adjusters and property damage lawyers often work together to help maximize the recovery of the client’s insurance claim. The Public Adjuster and the Attorney have separate but crucial roles in the insurance claim process. A recent study found that public adjusters significantly increased...
Actual Cash Value vs. Replacement Cost Value: Understanding Your Homeowners’ Insurance Options When purchasing homeowners’ insurance, one of the key decisions you’ll need to make is whether to insure your property and belongings based on Actual Cash Value (ACV) or Replacement Cost Value (RCV). These two valuation methods can significantly affect the compensation you receive...