Florida’s coastal communities have added an additional 1.5 million people and almost a half-million new houses since eight hurricanes whipped through Florida during back-to-back seasons a decade ago. The damage resulted in $33 billion in insurance claims. Experts say the risk of catastrophic destruction hasn’t grown along with the new development. They believe this to be true because because Florida builders are doing a better job of making structures hurricane-resistant. The improvement derives from Florida’s 2002 statewide building code which states that all new structures get tough inspections and are built with shatter-proof glass and straps reinforcing the connection between roof and walls
Protecting Yourself and Your Home – Understand Your Policy
Homeowners Arrested on False Insurance Claims
3 Things to do When Speaking to Your Insurance Company About Your Claim
When disaster strikes, generally people are completely distracted when it comes time to file an Insurance claim. After a disrupting incident, like a fire or plumbing leak, it is difficult to navigate the murky waters of your insurance policy. While completely understandable, this is a time when you can make some serious mistakes that may cause you to lose out on some big money by saying the wrong thing to an insurance company. It often seems that people acting with the best of intentions end up suffering the most. When it comes to home repairs, sometimes contacting your insurance company about a seemingly basic home repair question can end up costing you dearly. A comparison of an insurance agent to a police officer would be apt. Talking to an insurance company is just like talking to a police officer:
Everything you say can and will be used against you.