What Is Theft Coverage in a Home Insurance Policy? Yes, most Florida homeowners’ insurance policies cover theft of personal property, subject to policy limits, deductibles, and specific exclusions. Theft is typically covered under the personal property section of your policy, whether it occurs inside your home or, in many cases, away from your residence. However,...
Property Insurance
When a dishwasher floods a kitchen or a power surge destroys a refrigerator, most Florida homeowners want to know whether their homeowners’ insurance will cover the loss. The answer depends on the cause of the damage, not on the type or age of the appliance. Understanding that distinction before filing a claim can make the...
The Central Question Florida homeowners pay the highest average property insurance premiums in the country, more than 50 percent above the national average. For years, the insurance industry, state regulators, and the legislature pointed to one primary cause: excessive litigation and abuse of the legal system. Florida passed sweeping reforms in 2022 and 2023, stripping...
If you received a homeowners’ insurance settlement check and found your mortgage company named as a co-payee alongside you, you did not receive the wrong check. This is standard practice under Florida law and the terms of virtually every residential mortgage agreement. Your lender has a financial interest in the property it financed. When that...
What Should You Avoid When Filing a Home Insurance Claim in Florida? Filing a home insurance claim in Florida can be far more complex than most homeowners expect. A single mistake during the process can delay your claim, reduce your payout, or even result in a denial. One of the most damaging errors is waiting...
Insurance Companies Are Not on Your Side From the moment a claim is reported, insurance companies begin evaluating every detail, and every statement you make becomes part of that evaluation. A recorded statement is not a routine formality. It is a strategic tool insurers use to identify inconsistencies, limit liability, and reduce the value of...
Water damage is the most common reason Florida homeowners file an insurance claim. A burst pipe under the kitchen sink, a water heater that fails overnight, a roof leak that goes undetected for weeks, a washing machine supply line that gives way on a Tuesday afternoon: each of these events can cause tens of thousands...
Florida homeowners’ insurance policies cover mold damage only when the mold results from a covered peril. If the water intrusion that caused the mold is covered under the policy, mold remediation is generally covered as a resulting loss. If the water source is excluded, the mold claim will be denied. Because Florida’s subtropical climate creates...