Category: Property Insurance

For the fourth time since 2019, the Florida Legislature has enacted property insurance coverage reforms aimed in the direction of stabilizing a beleaguered insurance coverage market. The invoice, S.B. 2-A, creates a reinsurance help program, establishes extra oversight for insurers with excessive volumes of hurricane claims, and reforms many facets of the claims course of, […]

Winter within the UK will be harsh in your backyard, with chilly temperatures, frost, and doubtlessly heavy snowfall. Nonetheless, with the suitable preparations and care, you may defend your backyard from the winter components and guarantee it prospers as soon as spring arrives. Whether or not you’re a house owner or a landlord of let […]

Block insurance coverage legal responsibility concerns Lastly, you could ensure that your block of flats insurance coverage covers any obligation or legal responsibility chances are you’ll face. If the constructing is broken and you’re discovered to be at fault, then your block insurance coverage can pay for the price of any compensation. Property proprietor’s legal […]

Texas is likely one of the most — if not THE most — tornado-prone states. Whereas the precise variety of incidents varies from yr to yr, there’s little question that tornadoes are one thing Texas property house owners fear about. Only in the near past, 1000’s of Texas dwelling and property house owners have been affected by […]

One of the crucial widespread questions we get from owners right here in Florida is ”I’ve mould ought to i file a insurance coverage declare”? Not solely is mould the most typical challenge owners expertise, however it is usually essentially the most misunderstood. What most individuals don’t know is that moutdated removing is usually solely […]

Lithium Batteries create an actual threat of fireside Whereas lithium batteries have been an actual recreation changer in battery growth, they actually have elevated the chance of fireside, notably when they’re being charged. We’ve seen a rise in fires attributable to such batteries in every little thing from youngsters’s scooters, battery operated energy instruments, and […]

Florida’s Third District Court docket of Attraction just lately affirmed a abstract judgment entered in favor of a property insurer, holding that there isn’t any battle between the coverage’s three 12 months limitation for reporting hurricane claims and the requirement that the insured give immediate discover. In Navarro v. Residents Property Insurance coverage Company, No. […]