All posts in Flood

Car Shops Give Tips On How To Avoid Accidentally Buying A Flood-Damaged Vehicle

Following hurricanes Harvey and Irma, hundreds of thousand of vehicles were flooded and destroyed in Florida and the Gulf Coast. Now, some of those car owners are allegedly trying to sell them, but not disclosing that they received any damage. CLICK ON THE HEADLINE FOR MORE

Home Or Car Damaged In Irma? Here’s What Your Insurance Will Cover

While no single insurance policy covers all the damage that a hurricane could cause, a mix of windstorm, homeowners and flood insurance will cover most post-hurricane predicaments. CLICK ON THE HEADLINE FOR MORE

Florida Insurance Companies Provide $61.2 Million Toward Scholarships

The program makes it possible for low-income families across the state to send their children to schools best suited to meet their needs. CLICK ON THE HEADLINE FOR MORE

In Booming South Florida, Another Hurricane Andrew Could Be A $300 Billion Catastrophe

“And that number doesn’t include loss of taxes or tourism,” said Monica Ningen, chief property underwriter for the U.S. and Canada for Swiss Re, one of the largest reinsurance companies in the world. CLICK ON THE HEADLINE FOR MORE

water-damage

Why Florida Insurers Could Double Homeowners’ Rates

Lawyers and contractors are cleaning up by exploiting a well-intentioned provision, while insurers and homeowners get socked. CLICK ON THE HEADLINE FOR MORE

As Hurricane Andrew Memories Fade, Florida Weakens Building Codes

At the core of the Florida dispute is a simple calculation: the tougher the building code, the more it costs to build a home. CLICK ON THE HEADLINE FOR MORE

Flood Insurance Rates Could Rise For Hundreds Of Thousands Of Homeowners Under Proposal

Congress is considering sweeping changes to the debt-laden National Flood Insurance Program that could jack up flood insurance rates for hundreds of thousands of homeowners under a bill that a Florida real estate group called “devastating.” CLICK ON THE HEADLINE FOR MORE

insurance claims

7 Times You Shouldn’t File An Insurance Claim

It may seem like a waste of money to pay insurance premiums every month, then avoid filing a claim when you actually have damage. Yet sometimes, this is exactly what you should do to save money. CLICK ON THE HEADLINE FOR MORE

Majority Of Americans Mistakenly Believe That A Standard Home Insurance Policy Covers Flood Damage

“Being misinformed about your home policy can be an extremely expensive mistake — especially when a few inches of water in a 1,000 square-foot home can easily cost over $10,000 in repairs.” CLICK ON THE HEADLINE FOR MORE

Active Hurricane Season Predicted With 5 To 9 Hurricanes

This year marks the 25th anniversary of Andrew, which tore into South Florida on Aug. 24, 1992. CLICK ON THE HEADLINE FOR MORE

Florida’s Private Flood Insurance Market Is A Template For The Country

Florida serves as a model for how to restore fiscal sanity to an out-of-control government insurance program, while still taking into account the real and politically delicate issue of affordability. CLICK ON THE HEADLINE FOR MORE

water claims

How False Water-Damage Claims Are Reaching Crisis Levels In Florida

With just a few weeks before the start of Hurricane Season 2017, there is another destructive storm hitting Florida that’s causing untold damage. CLICK ON THE HEADLINE FOR MORE

hurricane-matthew-damage-in-st-augustine

Surprising News For The 2017 Hurricane Season

While Earth is currently in a neutral pattern, climate experts said “there are increasing odds for El Nino toward the second half of 2017.” CLICK ON THE HEADLINE FOR MORE

Jeff Brandes Files Bill To Crack Down On Insurance Fraud

Brandes noted that fraud cases can account for up to 10 percent of an insurance company’s yearly losses. CLICK ON THE HEADLINE FOR MORE

hurricane-making-landfall

About One Third Of Insurance Claims From Florida’s 2016 Hurricanes Left Unpaid

The 2016 hurricane season has not put any insurers in financial jeopardy, like what happened frequently a decade ago when some companies did not provide enough money to cover claims. CLICK ON THE HEADLINE FOR MORE