Blog: Florida Insurance Companies

Of all the natural disasters South Florida residents need to worry about, lightning may not be at the top of the list. You might wonder if it’s something you should really consider when choosing a homeowners’ insurance policy. The answer is yes. Lightning strikes can cause substantial damage alone, but are also likely to cause…

As a homeowner who carries property insurance, you probably think about the various issues that your policy will cover, with most of them being out of your control. These include natural disasters, wind or water damage, and vandalism. While these issues account for a large portion of the claims filed with Florida insurance companies, it’s…

When you’re considering the range of coverage you’ll need under your Florida homeowners’ insurance policy, water damage is likely near the top of your list. Many homeowners make the mistake of thinking that any form of water damage is covered under the typical policy, but that’s not the case at all. Where the damage comes…

No one feels the level of urgency like homeowners waiting on their insurance companies to provide homeowners’ insurance compensation after damage occurs to their home or property. In many situations, you need the funds promised to you under your home insurance policy to repair the damages to your home and get on with your life.…

This year, Floridians have been blessed with a hurricane-free season. However, many policyholders with Citizens Property Insurance are finding that the state’s largest insurance provider is less than willing to provide compensation for water damage caused by factors other than flooding, including burst pipes. Because of this, there has been a surge in lawsuits against…

(Good for attorneys, but bad for customers!) Advocate Claims Public Adjusters just had another victory against Citizens Insurance Corporation. Our customer, Doug K., had significant water damage to his home from a 250 gallon salt water fish tank. The water poured out so furiously, it even caused a small electrical fire in his home. The customer, Doug, called his insurance company and…

If you are involved in an insurance dispute, it may seem like you have no other option but to settle for the small payout that the insurance company offers. When the amount that is offered doesn’t pay for the repairs to your home or business, it is simply unfair. After all, you had paid your…

What you would think would be a simple water damage insurance claim took three years to get properly settled. This semi retired couple had water damage from a broken pipe to their home. They promptly reported their insurance claim to St Johns Insurance Company. Then their problems started. St Johns sent out an independent adjuster who had a know it all attitude, but little experience in handling insurance claims. They offered a very low amount of thirteen thousand dollars to repair the damaged laundry room, kitchen, hall bathroom, living room, den, master bathroom, and master bedroom.

Policy holders have the right to contact a Public Adjuster to help them that the onset of the insurance claim. Out of town residence and absentee owners with damaged Florida properties can get local guidance by using a licensed public adjuster. The first instinct may be to drive or fly down to Florida to look…

The Fort Lauderdale Sun Sentinel’s regular insurance reporter, Julie Patel wrote this week (June 28, 2012) that Florida-based home insurers reported a net income (that’s after they deducted their expenses) of nearly $78.7 million in the first quarter of 2012. This was reported by Florida Insurance Commissioner Kevin McCarty, who should not be able to…