Category: Firm News
Category: Firm News
What Does the Florida Valued Policy Law Actually Accomplish?
- August 13, 2015
- Firm News
If your home or business property was completely destroyed in a peril covered by your property insurance policy, do you know how much you will receive for your claim? Florida’s valued policy law, which has been around in some form for more than a century, attempts to reduce disp[ ... ]
Whom to Turn to For an Effective Property Insurance Claim
- July 22, 2015
- Firm News
It is common to assume that one of the benefits of purchasing property insurance is the ease of receiving reimbursement in the event of a loss. While this can be a correct assumption in some cases, there are times when you cannot successfully handle your own claim. The key to protecting your rights is to know when you need help. Our Broward County property damage lawyers help you identify situations when you should — or should not — go it alone. Unders[ ... ]
National Flood Insurance is Not the Only Option for Florida Property Owners
- July 15, 2015
- Firm News
The Biggert-Waters Flood Insurance Reform Act of 2012 instituted reforms to the National Flood Insurance Program (NFIP), designed to occur over a five-year period. One of the Act's many changes involved a phase-out of certain subsidies, which substantially increased the premiums that many property owners pay for coverage. Considering that about 37 percent of all NFIP policies are held by Florida property owners, according to the[ ... ]
Identifying When Insurers Engage In Bad Faith Conduct
- July 8, 2015
- Firm News
After a fire or storm ravages your property, one of your few comforts is the knowledge that you have insurance coverage that will help you afford the rebuilding or repairs you need to return to life as usual. Unfortunately, filing a claim often creates surprises, from seemingly-endless delays to reduction or even full denial of your claim. The fact that a claim does not go as expected does not automatically mean that your insurance carrier is acting in bad faith. See[ ... ]
Connecting With Insurers After a Hurricane
- June 24, 2015
- Firm News
Not all property owners suffer total destruction when hurricanes blow through, but the risk of losing power and cable can escalate even before a storm fully hits the area. The aftermath of a hurricane is not the time to first discover that you lack the ability to get in touch with your insurer to file a claim. Just as we recommend that you make sure you have the right documentation to file an effective claim, our Fort Lauderdale hurricane damage attorneys recommend t[ ... ]
Avoid Surprises: Learn the Terms of Your Property Insurance Policy
- June 17, 2015
- Firm News
There is no shortage of legislation pertaining to insurance practices in Florida, except when it comes to policy coverage requirements. In fact, the first sentence of the Florida Department of Financial Services Homeowners' Insurance Toolkit states that homeowners do not have to carry homeowners' insurance at all. Most people who invest significant sums to buy property understand that insurance coverage is essential. And mortgage lenders will almost always require[ ... ]
Hurricane Sandy Continues to Teach Lessons About Insurance Bad Faith
- June 10, 2015
- Firm News
When a major storm like Hurricane Sandy hits an area, countless people are instantly homeless. Even homes that are not totally destroyed are condemned by government officials until essential repairs can be completed or essential services restored to their neighborhoods. Time is of the essence as in these times of crises, as thousands of people compete for the time and attention of their insurance companies. They count on their insurance company’s good faith handlin[ ... ]
A Common Reason for Denial of Florida Property Damage Claims
- May 27, 2015
- Firm News
When a major storm comes into the area, the resulting property damage seldom relates to a single, easily-identifiable cause. But when all causes are covered under a property insurance policy, carriers should be able to settle claims relatively easily. Still, our Fort Lauderdale property damage lawyers are typically called in when insurers deny claims for damage caused simultaneously, or in succession, by covered and non-covered perils. How Coverage is Determined[ ... ]
Recent Wet Winter Does Not Eliminate Chance for Wild Fires in Florida
- May 20, 2015
- Firm News
This past winter's precipitation seemed more than the norm, but appearances can be deceiving, particularly when it comes to reducing the risk of wild fires. It is important to understand how the weather affects the likelihood of wild fires, how to prepare for future insurance claims and when to call in experienced Broward County property damage attorneys to protect your legal rights. A Longer-Term Weather History is the Best Predictor of Future Fire Risks Acc[ ... ]
What to Look for in a Property Insurance Claim Attorney
- May 13, 2015
- Firm News
Your property is often your most valuable asset, so chances are that you pay high premiums to ensure you receive full coverage; particularly since Floridians are at significant risk of loss from violent windstorms and wild fires. Unfortunately, many property owners are subject to major surprises when they turn to their policies to recover losses after a disaster. Insurance companies use knowledgeable adjustors who know how to dissect policy language and deny all or p[ ... ]
