If you were injured in a car accident, you may have more immediate concerns, such as medical bills and lost wages. Some of those costs may be covered by your own insurance, but justice also requires the negligent driver to be held accountable.
As a resident of Florida, you are not required to purchase a home insurance policy. Your mortgage holder, however, will require insurance on the property, and if you fail to obtain proper coverage and add it as an additional insured, it will likely "force place" coverage for its own protection. Forced place coverage usually provides coverage up to the value of the lien, which leaves you uninsured for any damage to your property and belongings in the home. While some people with no mortgage look at this as a way to save money, most realize it is a risk they should not take.
On this blog, we often discuss the fact that victims of car accidents in Florida often have various options when it comes to getting money for damages stemming from the crash. This compensation can be available through insurance companies, other drivers and automotive manufacturers who have engaged in negligence, fraud or recklessness.
Florida has more flood policies than any other state in the country. However, it appears that coverage in the aptly named Sunshine State is dwindling -- more than 13 percent this fall when compared to six years ago. That equates to almost 300,000 policies. The loss in flood insurance policies during the same time across the country is around 8 percent or over 400,000 policies.
House fires can happen for a number of reasons, from lightning during a storm to grease fires on an unattended stovetop. In a matter of minutes, these fires can spread and completely destroy a home and everything inside it.
The death of a loved one is one of the most difficult things a family can face. Thus, when a family has recently lost a loved one and is dealing with the many challenges that go along with this, the last thing they want to hear is more bad news. Unfortunately, families in such a situation sometimes end up receiving insurance-related bad news. Specifically, some such families receive news that a life insurance claim they made has been denied.
If you live on the coast in Florida, you are likely quite familiar with the environmental factors that can damage your home. There are threats of strong winds, hurricanes and flooding that can lead to extensive damage for which you may be financially responsible.
Do you have enough information about sinkholes in Florida? These geological events can cause serious property destruction for homeowners throughout the state, and in rare cases can result in severe injuries and death. What do you need to know in order to keep your home safe from sinkhole damage? According to a report from NBC News 8, the Florida Department of Environmental Protection's Florida Geological Survey provides all the information you need to know.
Having insurance is essential for people all across Florida. Whether it is auto, life or health insurance, these policies can help you cover some significant expenses. However, as helpful as it can be to have insurance, it's not always easy to get the payments you believe you deserve.