Monthly Archives: June 2022
What To Know About Inflation And Your Property Damage Claim
The costs involved with home construction and renovation have skyrocketed due to inflation and supply chain issues since 2020. In fact, construction material costs in the United States rose in 2021 by the fastest pace since the Bureau of Labor Statistics started posting this data in 1948. The surge shows no signs of slowing… Read More »
How To Get Fair Insurance Coverage After Hail Damage To Your Florida Property
Hail storms in Florida can strike quickly and without warning, causing danger as they arrive and damage after they pass. Sometimes shockingly, a 5-minute storm can cause destruction to cars, homes, and all aspects of a property’s exterior. Most hail damage to homes involves roofs, windows, and siding. The amount of damage can depend… Read More »
What Is A “Sworn Proof Of Loss” In Florida, And How Can It Affect My Property Damage Claim?
After you file a claim for property damage with your insurance company, your insurer may request a document called a Sworn Proof of Loss, or “SPOL”. For most people, this is their first time dealing with this issue, and the Sworn Proof of Loss can raise some confusion. Submitting a Sworn Proof of Loss… Read More »
5 Ways To Avoid Post-Hurricane Scams In The Daytona Beach Area
During hurricane season in Florida and the Daytona Beach area, homeowners can find their lives turned upside down by severe property damage. Not long after a storm, contractors can be seen all over, performing repairs and offering services to help property owners get back on their feet. Not all contractors arrive with good intentions,… Read More »
Tree Damage After A Storm: What Is Covered And What Is Not
Storms and high winds can wreak havoc on any area of an insured property – especially trees. High-wind events are known to snap tree branches, uproot shrubs, and even topple trees in a matter of hours or even minutes. If a property owner is lucky, they are left with a messy yard to clean… Read More »
Property Damage From Adjacent Construction – What To Do When It Affects Your Property
When construction season reaches its peak, the sounds of jackhammers and construction equipment become just as familiar as birds chirping in the air. This can be a nuisance at the least, or can cause property damage to surrounding areas at its worst. Construction contractors rely on heavy equipment to blast or pile drive while… Read More »
Calculating Business Interruption In A Florida Property Damage Claim
Business interruption coverage in Florida is intended to cover lost revenue as well as unpaid bills and other expenses due to a business shutdown after a covered loss. For revenue, insurers typically classify this as taxable income that results primarily from business activity. For example, if a fire or hurricane leads to a week-long… Read More »
5 Ways To Get Your Home Prepared For Hurricane Season
Everybody in Florida knows when hurricane season is, and what damage these storms can bring. Yet, each year, thousands of Floridians get caught flat-footed by severe storms and their aftermath. A storm’s devastation is made worse when people are left stranded or suffering without power, water, and food in their own homes. The best… Read More »