Blog Posts in 2016

  • Can Homeowners Insurance Benefits Be Assigned to a Contractor?

    Assigning insurance benefits to a service company or third party contractor can allow homeowners to receive prompt repairs in the wake of a disaster or accident. For example, if a house is flooded due to a burst pipe or tropical storm, the assignment of benefits can allow a water restoration company to seek compensation directly from the homeowner’s insurance company. However, the practice can be ...
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  • Maximizing Your Hurricane Settlement

    Hurricane Matthew has come and gone, leaving a path of destruction along the Florida coast. Widespread flooding and property damage have left many homeowners to file storm insurance claims in an effort to rebuild and move on with their lives. Unfortunately, the claims process does not always yield a sufficient settlement and claimants may be left fighting to ensure their voices are heard. If you ...
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  • Building a Property Claim After Hurricane Matthew

    Now that Hurricane Matthew has run its course, insurance adjusters throughout the Southeast United States are hard at work evaluating property damage claims and helping the region rebuild. Unfortunately, as we all know, insurance companies do not always have our best interests in mind and may search for any reason to delay or deny payment of claims. For this reason, it is imperative that ...
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  • Hurricane Matthew Quickly Approaching Florida Coast

    Early Tuesday morning, Hurricane Matthew tore across the island nation of Haiti. According to the National Hurricane Center, at the time it made landfall, Hurricane Matthew was a category 4 storm with winds of 145 mph. While the full extent of the damages in Haiti are yet to be determined, the storm is reported to be responsible for the destruction of many homes as well as the much of the nation’s ...
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  • Are Policyholders Allowed to See the Claim File?

    Each month you pay your insurance premiums with the hopes that you may never have a reason to use your coverage. However, accidents do happen and when you’ve been injured or your property has been damaged, it is important to know that your insurance claim will be paid fairly. Unfortunately, companies to not always act in accordance with the law and may attempt to undervalue or deny your claim in ...
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  • Hurricane Claims

    Hurricane Hermine is the first hurricane to make landfall in Florida since hurricane Wilma in 2005 and many residents have begun to fortify their homes. The elemental damages from hurricanes can be frustratingly unpredictable and can come in all forms. Elevated tides and heavy rain can lead to flooding and high winds can bombard homes with debris, causing all manner of property damage. Altogether, ...
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  • An Overview of Homeowners' Insurance in Florida

    Florida residents know firsthand that it often pays to plan ahead. From hurricanes , floods, and fires to home burglaries, sudden disasters can leave a person’s home devastated and result in immense financial losses. As such, many choose to purchase homeowners’ insurance policies to mitigate this risk. In the event of a covered loss, homeowners’ insurance helps to pay for necessary repairs and ...
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  • Are Insurance Bad Faith Recoveries Taxable?

    If you recover a settlement for bad faith damages, is your recovery taxable? The answer is that it depends. One of the main deciding factors influencing whether or not a bad faith settlement is considered taxable income is whether the recovery is for physical injuries or sickness. In many cases, compensatory damages for bad faith claims related to injuries or sicknesses are tax-free as long as the ...
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