How Do Public Adjusters Resolve Coverage Disputes Between HOAs And Owners?
Property owners who are part of the Homeowners’ Association (HOA) understand from the beginning that there is a set of rules that need to be followed. But even with a dedicated handbook that lists everything in clear detail, there are some gray areas that can cause friction in the most critical moments. The topic of […]
How Are Emergency Situations Handled After Major Property Damage?
How clearly can you think in an emergency? Stress management isn’t something that everyone is born with, and so making mistakes during critical moments is a common thing that people struggle with, especially property owners responsible for their financial recovery and who have never been through a major disaster claim with their insurer. This is […]
How Long Can Business Interruption Coverage Last In Orlando, Florida?
You’re supposed to be getting compensated for the income you miss out on while your business is down for repairs, but for how long? At what point do insurance companies stop reimbursing for lost income and place you in a financial dilemma? This guide reveals the average duration of business interruption coverage in Orlando, FL. […]
How Is Lost Income Calculated After A Commercial Property Loss?
Every day your commercial property or business is shut down due to damage is a day of revenue that you cannot afford to lose. Interruption of operations creates lost income. At a certain point, your business interruption reaches a threshold that can cause a business to fail; be it financially, through a lost customer base, […]
What Damages Are Covered By A Condo Association’s Master Property Policy In Sarasota?
Condo managers in Sarasota often get a master property insurance policy to cover the most common types of damage that a larger property might sustain in Florida. However, it is imperative not to assume that all damage or property is covered in this one package. This guide lists damages that are typically covered by a […]
How Does Moisture Behind Walls Affect Insurance Claim Values?
Water damage assessments can be relatively clear on the surface. Furniture replacements will cost this, hotel stays during repairs will cost that. But the moment moisture seeps behind the walls, you’re going to need a second calculator. Your insurance claim value will depend on whether that moisture is new or old, and what your policy […]
What Should Property Managers Know Before Filing A Large-Loss Claim In Tampa?
There are losses, and there are large losses. In Tampa, a large-loss claim is one that is worth upwards of $100,000 or more. That’s a lot of damage, and you need to be sure if your insurer is taking all of it into account. This guide covers what you need to know about large-loss claims […]
Does Insurance Cover Mold Caused By A Burst Pipe In Ocala?
Mold is often a gray area in property insurance. Knowing if you’re covered or not can feel like pulling teeth, but we’re here to help set the record straight. This guide explains when mold damage is covered (and when it’s not) when faced with a burst pipe disaster in Ocala. Know your policy so you […]
How Do Insurers Calculate Business Interruption From Water Damage?
You submit a claim, you get a number back. That’s your settlement offer, but do you know what it took to get that number? Putting value on business interruption costs is complicated. And when the cause is water damage, things get even deeper. This guide will help you gain a better understanding of how insurers […]
Smoke, Soot, And Water: The Hidden Damage Insurance Often Overlooks
Most damage caused by fire can be seen by the naked eye. But what about damage that happens beneath the surface? There are damages that occur where you can’t see, and these hidden damages should be included in your final settlement offer. This guide explores the most common types of hidden damage and how a […]
