When buying a condo, part of your association dues goes towards a master condo insurance policy purchased by the condo association. This policy insures the condo building for covered losses. An HO6 policy picks up where the master policy ends and pays for the internal structures to your particular condo...
Florida is considered the lightning capital of the US with 17 of the top 30 cities nationwide for lightning. Strikes. As such, the question we commonly get asked is “does home insurance cover lightning strikes?” And the answer is ….. yes. In fact, lightning related claims have approached nearly $1B...
Rates Increase? Denied Coverage? Non-Renewed? It is no secret that the Florida Home Insurance market is one of the toughest markets for home insurance companies in the entire US. In fact, many of the national carriers refuse to offer home insurance homes in Florida because we are the lightning capital...
When you are financing the purchase of a home the mortgage company, as part of the underwriting process, will request a home insurance policy and will oftentimes state that the policy needs to be a replacement cost policy. This request comes directly from the Fannie Mae guidelines and their request...
Did you know there two types of home insurance claims that can stay on your record for longer than the typical 3-5 year timeframe. These two types of home insurance claims are fire claims and liability claims. Home insurance claims are generally classified into two categories - claims associated with...