As a commercial property owner in Florida, you know having the right insurance in place is vital to protect your investment. However, did you know that there are actually a few different types of property insurance available? The Balance offers the following information on the differences between property coverage, which can help you find the best policy for your needs.
For Florida residents, hurricanes and property insurance issues often go hand in hand. While you may not have any control over what the weather brings, you can take preventive measures when it comes to minimizing property damage and ensuring solid insurance coverage.
When it comes to commercial property, a wide range of stressful problems can arise. For example, you might encounter challenges while trying to buy commercial property or during your attempt to sell or rent real estate. However, insurance disputes can be especially stressful for those who own commercial property and it is vital for you to have a solid understanding of your different options if you have found yourself in this situation. From gaining access to the compensation you need and should receive to understanding your rights and being prepared for any hurdles that might lie ahead, there are numerous reasons why it is important to approach property insurance issues appropriately.
If you just filed a Florida homeowners claim with the carrier of your homeowner’s insurance policy, things will start to move relatively quickly. In fact, Florida law provides for a bill of rights for homeowner claims.
Jacksonville residents likely do not need to be told about the devastation that natural disasters can bring to communities. A major part of recovering from such events is the repairing or rebuilding of homes so that local residents can resume their normal lives. The cost of completing such repairs, however, can often be inordinate. People in these cases rely on their insurance providers (or in some cases, state or federal assistance programs) to help shoulder those costs. Yet as anyone who has had to file a homeowners or property insurance claim can attest to, such matters may rarely be resolved quickly.
If you are a resident of Florida, you are probably aware of the risk of sinkholes. According to the University of Florida, this phenomenon occurs when the material under the earth's surface disintegrates, often due to water damage. The surface then caves in, creating a chasm. A sinkhole on the road or in your neighborhood could be large enough to cause significant damage. We at Tyler & Hamilton, P.A. Attorneys at Law understand the devastating effects that a sinkhole could have on your property, and we fight to ensure that insurance companies honor their financial responsibility for the necessary repairs.
Hurricane season has brought a slew of storms -- most notably Irma -- to Florida lately, wreaking havoc throughout the state. The large amount of loss and damage means insurance companies are receiving a massive number of claims as the aftermath is assessed.
For homeowners in Florida, dealing with damage from a hurricane is one of their biggest fears. Even those whose homes sustained only minor damage can still face major headaches. Having insurance is vital but going through the claims process can be difficult and frustrating.
When a hurricane strikes Florida, the effects can be dire. Sometimes thousands of people must evacuate, and some lose their homes entirely. Those who have homeowner's insurance should be protected from complete ruin and able to rebuild, but unfortunately, that is not always the case. Since some insurance companies fail to honor their commitment, it is important for home owners to know the potential pitfalls they could face when filing a claim.
Florida's geographical location and climate mean that Jacksonville residents are subject to their fair share of weather-related catastrophes. Big storms, and not just hurricanes, often bring huge gusts of wind and occassionally, lightning. At Tyler & Hamilton, P.A., we understand that when a storm damages your home, filing an insurance claim for repairs is your top priority.