All posts in Flood

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

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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

water-damage

Insurer Slaps Cap On Water Claims

Don’t count on getting more than $10,000 of damage covered if your home is at least 40 years old and insured by this carrier. CLICK ON THE HEADLINE FOR MORE

hurricane-making-landfall

Hurricane Matthew A Reminder That Florida Insurance Market Is ‘Untested’

The majority of Florida’s homeowner property insurers are companies that have newly-emerged to take on insurance risk. CLICK ON THE HEADLINE FOR MORE

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Hurricane Matthew Economic Damage Nears $6 Billion

So far this year, the U.S. has endured 12 separate weather disasters that have each surpassed the $1 billion damage amount. CLICK ON THE HEADLINE FOR MORE

get organized for hurricane season

Gov. Scott Warns Floridians To Prepare For ‘Life-Threatening’ Hurricane Matthew

A small westward shift in Matthew’s long term track would significantly increase risk to Florida. CLICK ON THE HEADLINE FOR MORE

drones

3 Ways Drones Could Change Insurance Industry

The insurance industry could save as much as $6.8 billion per year by using remote-controlled drones. CLICK ON THE HEADLINE FOR MORE

flood-damaged-cars

Flood-Damaged Cars Back On The Market And Sold With Deception

Florida is among the top 5 states that end up with these vehicles. CLICK ON THE HEADLINE FOR MORE

flood risk

Want To Know Your Risk Of Flooding? Plantation Company Develops Prediction Models

It’s one thing to hear about the possibility of catastrophe. It’s another when you learn exactly how these might affect you and your home. CLICK ON THE HEADLINE FOR MORE

citizens property insurance

Citizens’ Rate Increase Request Further Proof Of Need For Assignment Of Benefits Reform

Last year in South Florida, more than 55 percent of claims submitted involved an AOB or had legal representation before the claim was even reported to Citizens. CLICK ON THE HEADLINE FOR MORE