In a win for Florida homeowners battling insurance companies over property damage claims, a state appeals court has ruled that recent legislative changes limiting attorney’s fees cannot be applied retroactively to policies issued before their effective date. This decision directly impacts Security First Insurance Co., a major player in Florida’s volatile property insurance market, preventing … Read more
It was not that long ago when the water crisis in Flint, Michigan took place and residents worried about the lead content. For years, home and property owners and managers, as well as mortgage companies have known about lead risks. Recent studies about the metal exposure in many parts of the country have raised significant … Read more
For those posed with the question about their property deductible, most would laugh it off. “Me? Of course I know there is a deductible. What kind of fool do you take me for anyway?” Well, be surprised. Many folks just assume they know what kind of deductible comes along with their property policy. In states … Read more
Any property can become empty at any time under many different circumstances. When a property is unoccupied a standard house insurance policy will only usually provide cover for up to 30 days. This is when one must obtain an empty property insurance policy to keep their asset properly insured against risks such as fire, storm … Read more
Insurance for water damage in your home is often part of your general homeowners policy. Your insurance may cover losses that are due to a pipe that burst or an appliance that leaks, but may not if you are exposed to a flood, tornado or hurricane. For this kind of coverage you will need a … Read more
Owning a home requires ongoing and sometimes costly repairs, from repairing a broken oven, washing machine to replacing a leaky roof. Depending on what needs to be repaired or replaced and why, Homeowners Insurance will help in one area while a Home Warranty can help in other areas. They can both provide you with the … Read more
Identifying affordable home insurance that offers a lot of value at a reasonable price isn’t an easy process. Still, you can reduce some of the difficulty by searching for quotes and knowing how to compare them properly. It’s never a good idea to rush into things. Don’t just sign up for the insurance plan with … Read more
Everyone is a renter at some point in life. Some start early, while others start late. Approximately 111 million (111,000,000) Americans rented in 2016. Of this number about 9 million were people under the age of 30, while 27 million were people between the ages of 30 to 65. Even among elderly people, about 6 … Read more
Insurance brokerage remains a mystifying field for the average layman or woman. Much like other branches of the insurance tree, the many complexities of this process tend to evade all but those with some training on the field, and the average insurance policy purchaser usually has a significant number of questions and doubts to voice. … Read more