Watch out For the Hurricanes  It's been over a decade since Florida experienced a hurricane landfall, an improbable record that won't likely last much longer, and may be snapped this season.  Since  Category 3  Hurricane Wilma roared ashore in South Florida on Oct. 24, 2005, the Sunshine State has gone over 10 years without a single hurricane landfall.    That amounts to 66 straight Atlantic hurricanes - starting with   Hurricane Beta in late October 2005   through   Hurricane Alex in January 2016   - that haven't come ashore in Florida.        

It's been over a decade since Florida experienced a hurricane landfall, an improbable record that won't likely last much longer, and may be snapped this season.

Since Category 3 Hurricane Wilma roared ashore in South Florida on Oct. 24, 2005, the Sunshine State has gone over 10 years without a single hurricane landfall. 

Water damage coverage removed

Water damage coverage removed

How would you feel it you had you a sudden and accidental water damage event occur in your home and find that your insurance company wouldn't cover it.  Unfortunately, this will be the case for many who have People's Trust Insurance Company.  I couldn't even begin to tell you how many times I here from my clients that when they went to buy their policy that they never read or were even explained the different coverages in their policy.  This is not just an agent issue but an issue with policyholder's only looking for the "cheapest" policy.  They don't think about the most common type of insurance claims, water damage, but instead only catastrophic events like fires and hurricanes.

Buyer beware

Buyer beware

A jury awarded $766,258.06 to Florida policyholder Raymond N. Roddy who lost his home in a house fire. Mr. Roddy prevailed again this week when 4th District Court of Appeals found no error and ended People Trust Insurance Company's appeal. The Court found harmless error at the trial level and People’s Trust’s last ditch delay tactic has ended for one policyholder.

Citizens Property Insurance and bad faith

Citizens Property Insurance and bad faith

Citizens Property Insurance Company is immune from Bad Faith liability. What this means for the residents of Florida who have their homeowners insurance policy with Citizens is that there is no true recourse if they do not honor the insurance contract. 

Managed repair programs

Managed repair programs

Like lemmings over a cliff, Florida's property insurers are trending towards a preference for the managed repair of covered property damage.  Some of the major insurers in the Florida homeowners' market using managed repair include: Heritage Property & Casualty Insurance Company; People's Trust Insurance Company; and Florida Peninsula Insurance Company.  Indeed, even Citizen's Property Insurance Corporation recently decided to make the jump. 

Managed Repair Programs

Managed Repair Programs

How's that Obama Care working out for you. Did your rates go down like he promised...  One big failure and lie if you ask me.

We Must Pick a consumer- friendly insurance regulator

We Must Pick a consumer- friendly insurance regulator

A year after Gov. Rick Scott tried to force an insurance regulator on the public, he and the Florida Cabinet will conduct interviews today for the state's most powerful unelected position. They should choose the person who will make consumers, not industry, the priority.

Contrary to popular belief, the Insurance companies are not broke.

Contrary to popular belief, the Insurance companies are not broke.

Fill in the Blank

As if a Contract of adhesion wasn't bad enough..  You cannot make this stuff up. Anyone who reads this blog knows how frustrated I get with the insurance industry’s constant complaints that “[Fill in the Blank] is responsible for rising premiums.” The [Fill in the Blank] is always something different depending on what year it is—sinkholes, water claims, fraud, trial lawyers, hurricanes, reinsurance, political instability, public adjusters.

You need all the forms of your policy and don't forget to RTFP

You need all the forms of your policy and don't forget to RTFP

The eight or twelve pages of documents you keep in your file labeled “homeowners insurance” is not enough. In order to truly understand the insurance coverage you have purchased, you must have the complete policy. This is a contract between you and your insurance company.

The Damage Is Done, Now It’s Time To Remodel

The Damage Is Done, Now It’s Time To Remodel

It can be very frustrating when it comes to having to remodel your home unexpectedly because of a disaster such as; an old pipe that leaked in the bathroom, a storm with high winds caused a great amount of roof damage and interior damage, or a poor electrical job caused a house fire.

Roofing Manufacturer Manuals Must Be Considered With Damaged Roof Insurance Claims

Roofing Manufacturer Manuals Must Be Considered With Damaged Roof Insurance Claims

I attended a great seminar last week called, "Learn The Ropes While Skiing The Slopes" in Colorado where we analyzed roof insurance claims. The cool picture above was taken of some of the fantastic attorneys at the Merlin Law Group, PA's and of course myself. 

One of the expert presenters was Steve Thomas of Roof Leak Detection.

WHAT TO DO AFTER THE STORMS IN SARASOTA AND MANATEE

WHAT TO DO AFTER THE STORMS IN SARASOTA AND MANATEE

Over the last few days, Central Florida has been pounded by torrential rain, tornadoes and high winds.  These damaging windstorms and tornados were especially violent in Manatee, Sarasota, Lee, Hillsborough and Pinellas Counties.  These thunder storms caused flooding in Shore Acres, wind damage in Siesta Key, and claimed the lives of two people in Duette.  Now that the storms have past, we are left to deal with the damage done by this weather event.