Homeowners insurance claims from sinkholes rising in Florida

Sinkhole insurance lacks among homeowners despite threat

In Florida, two homes were recently swallowed up and several others had to be evacuated. Sinkhole insurance remains a rare thing among homeowners, even when…

sinkhole insurance

Sinkhole insurance likely lacking for damaged Fraser homes

Homeowners are likely to receive unwanted news from the bad gift they received on Christmas Eve. Homes damaged on Christmas Eve in suburban Detroit are…

Florida Sinkhole Homeowners Insurance

Homeowners insurance claims from sinkholes rising in Florida

The increase in this type of damage is starting to make a mark on several of the state’s industries. Although sinkholes have always been around,…

Insurance companies now face massive losses due to sinkholes in Florida

Sinkholes that are destroying Florida houses are now costing insurance companies in that state hundreds of thousands of dollars as claims begin rolling in. In…

Citizens Property Insurance of Florida proposes rate increases averaging 428% for sinkhole policies

Sinkholes have been quite troublesome in Florida recently. Earlier in the year, the state was inundated with insurance claims regarding damages caused by sinkholes. The…

Florida insurer asking for 27% rate hike

As insurers all over the country continue to receive criticism from policyholders, and even then federal government, many of them continue to seek rate increases.…

New limitations on Florida sinkhole insurance imposed

Florida Governor Rick Scott has signed off on a bill that will change the state’s property insurance regulations. The bill was proposed several months ago…