Category: Insurance Policy Conditions
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Property Insurance Struggled Pre- Hurricane Ian, But With $40 Billion in Property Damages, Now What?
There’s lots of speculation about the future for Fla.’s property insurance market. Six insurers became insolvent this year before Hurricane Ian hit. Florida’s insurance market was in meltdown mode for two years before Hurricane Ian swamped Southwest Florida as a catastrophic Category 4 storm with 155-mph winds and record storm surge. Six insurers have been
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Hurricane Ian
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Common Questions After Filing a Homeowners Insurance Claim
Insurance claims coverage Homeowners insurance protects your financial interests if your home is damaged or destroyed by a covered peril. A peril is something that causes or may cause injury, loss, or destruction, such as a fire, tornado, or hurricane. Homeowners insurance policies vary between insurers so you should always take the time to review
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Property Insurance “Shrinkflation”
Property insurance premiums go up, but your coverage goes down This is what’s wrong with our state’s insurance industry, every time the carriers try to make more profits they cry out to our state legislators about fraud, attorney’s fees, public adjusters, climate change, you name it they’ve tried it… just look at the chart below.
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Why are policyholders suing Peoples Trust Insurance Co for their property damage claims?
A property insurer that requires its customers to get their homes fixed by its own repair company is facing allegations that it pays bonuses to workers for cutting corners on those repairs.
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HURRICANE PREPAREDNESS WEEK is May 3-9, 2020. These Four Category 5 U.S. Hurricane Landfalls Prove Why You Should Be Prepared Before Hurricane Season Begins
This is hurricane preparedness week in the U.S. (May 3-9, 2020), which is an annual NOAA event that calls attention to the importance of making preparations before the season begins. This includes restocking supplies in your hurricane kit, checking important documents and your insurance coverage and also making sure you have multiple destination options if…
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