Category Archives: Sinkhole Damage
ILG’s Kimesha Smith Gives Insight on “Loss Of Use Coverage” | Insurance.com
Loss of use coverage provided by your homeowners insurance policy helps pay for additional living expenses that incur in the event your home is severely damaged, making it temporarily uninhabitable. Think of temporary rent, hotel stays, storage and moving costs etc. With that being said, it’s also important to understand your Florida homeowners insurance… Read More »
What Every Small Business Owner Should Know to Prepare for Potential Disasters
Being prepared for any disaster that may arise is vital for every business owner, no matter how big or small their business may be. One thing to keep in mind is communication post-disaster. It is important to have the ability to talk to others once the storm has passed but its’ remnants remain. This… Read More »
Hurricane Michael Victims left out of President’s National Emergency Declaration which diverts $3.6 billion from military construction accounts
The need is there for Hurricane Michael victims, but the four months after the storm hit, still no federal funding has been included in congressional bills or President Trump’s Emergency Declaration nor has it been a part of the Compromise Funding bill known as the Consolidated Appropriations Act of 2019. As of Feb. 15,… Read More »
Recent Wall Street Journal Article Details Ways Insurers are Trying to Speed up Claims Process but Some Worry New Practice May Lead to More Mistakes
A recent WSJ front page article detailed how several insurance companies are attempting to assess and settle their home insurance claims using technology such as drone photography and videography instead of sending a trained adjuster to inspect the damage. Some companies have even provided insureds with smartphone apps encouraging the to take video of… Read More »
Does Your Homeowners’ Insurance Cover Sinkhole Loss?
A couple living in Winter Springs recently filed a lawsuit against Liberty Mutual Fire Insurance Company in Seminole Circuit Court, alleging that the insurer didn’t comply with the terms of their residential insurance policy. The couple alleged that Liberty Mutual refused to fully reimburse them for property damage caused by a sinkhole. Is the… Read More »