Tag: Florida hurricane insurance

Hurricane insurance companies release post-Ian policyholder tips

Nordstrom
Hurricane Insurance - Helpful Tips

As the storm thrashed its way onto the Florida Gulf Coast, insurers were braced and ready with advice. As Storm Ian makes its way across Florida, hurricane insurance companies are hoping to help customers to stay safe and know what to do after the storm has gone by. Though storm surge was the biggest threat along the Gulf Coast, wind and flooding threaten inland. Hurricane insurance companies always recommend making paper copies of policies stored in waterproof cases such as plastic resealable freezer bags. Saving policies online in the cloud…

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New Florida hurricane insurance option to be deductible- and inspection-free

H. Cutner
Florida hurricane insurance - Hurricane in Florida

Coverage has always been important to homeowners as it is regularly threatened by the storms. A new Florida hurricane insurance option is being launched to make claims more straightforward for property owners. Millions of homeowners in the state are used to the time and expense still required after a claim. Standard Florida hurricane insurance requires a homeowner to have to pay a deductable when a claim is made for storm damage. In many cases, that deductible is high that the customer ends up paying the entire repair cost. For many…

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Florida hurricane insurance preparation was effective, say officials

Marc
Florida hurricane insurance rates

The state has said that insurers were responsive to their customers because they were ready. State officials have said that Florida hurricane insurance companies have been responsive to customers. This responsiveness to the damage from two hurricanes this year was the result of preparation. Those hurricanes caused hundreds of millions of damage in that state alone. These were the conclusions shared by the Florida Division of Consumer Services. That division received only 375 calls regarding the way Florida hurricane insurance claims were handled. When taking into consideration that Hurricane Matthew…

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Hurricane season preparedness is better than typical in Florida, this year

G. Turner
Florida hurricane insurance rates

The insurance industry is more ready than usual as this year’s highest risk period for the storms begins. This hurricane season, Florida feels that its insurance industry is better prepared than it has been in quite some time, after having enjoyed eight consecutive years in which the massive Atlantic storms have not caused catastrophes within the state. Now that the season for these major storms has begun, the state is ready to see what this year has to offer. The 2014 Atlantic hurricane season got started on June 1 but…

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Homeowners insurance could rise due to hurricane fund bill

G. Turner
Florida Homeowners Insurance

A proposal to decrease the size of the fund could make it more expensive for Florida property owners. A new bill in the state of Florida could have homeowners insurance customers in the state paying more for their coverage as it aims to make the hurricane fund smaller than it currently is. The bill is geared toward shrinking the size of the Florida Hurricane Catastrophe Fund. Florida’s catastrophe fund has been an important source of cash for making claims payments in the state following severe disasters. Should this bill pass,…

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