Blog: Florida

When you examine the rising rates of insurance policies in the Florida and across the U.S., many homeowners worry about potential rate hikes and what will happen if they actually need to file a claim. Many people think that if you avoid filing claims and don’t miss payments to your insurance company, everything is under…

Christmas trees are a staple of the holiday season for many homeowners in south Florida. However, in the context of celebration, priorities tend to shift away from good safety practices in an effort to have the best décor possible for friends and family to enjoy. It’s important to consider all of the extraneous factors taking…

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…

Most people expect that when a natural disaster hits their home or property, their insurance company will be right there to get you the compensation you need to make repairs. However, that’s not always the case. In many situations, especially after a big storm that damages thousands of homes, insurance companies are reluctant to pay…

Case Study: Weston Florida Property Insurance Policyholder Makes Successful Homeowner Water Damage Insurance Claim Here is a case of a Weston, Florida homeowner who finally understood the complexity of trying to handle making a property insurance claim on his own. He had attempted to handle his own claims in the past and he wasn’t happy…

Despite the supposed 10% annual caps on rate increases that are supposed to be in place for Florida property insurance companies, company after company gets away with increasing their rates by bedding down with Governor Rick Scott and the heavily Republican State Legislature. As reported on June 27, 2012 by regular insurance writer, Julie Patel…

Since the last serious hurricane seasons of the mid-2000s, Citizens Insurance Corporation has spent $2.7 billion in legal fees in litigation against its own policyholders. Furthermore the Florida Legislature has given Citizen’s a free pass to abuse its customers. Citizens was granted immunity from the bad faith laws, which are supposed to protect the consumer…

We have all seen TV video of the horrible flooding and water damage caused this week throughout the Gulf Coast’s northern counties and panhandle of Florida. While the wind was never quite bad enough to become a major factor in the damage, four days on end of torrential rain resulted in unprecedented flooding and loss…

Sinkhole that formed was 520 feet long, 125 feet wide, and 60 feet deep. Bartow, Polk County, Fla. May 22, 1967. (Photo courtesy of USGS) A 20-foot sinkhole in Clermont, Fla., opened up this Monday between two homes, and the recent heavy rains could be to blame. In 2001, a sinkhole appeared in the same…

A Florida online insurance agency found to have sold homeowners policies using unlicensed personnel will pay a $100,000 fine. The agency will also contact every customer affected and offer to rewrite their policies, under terms of a settlement reached with state officials. In March, Chief Financial Officer Alex Sink’s Department of Financial Services took legal…