Weston,Florida- Floods can happen anywhere. Are you prepared?
Categories: Home Owner's Insurance, In The News, Real Estate News
hiThe past days our eyes where on Fargo, North Dakota, menaced by the rising Red River. It was pretty scarry to watch the scenes on TV. Those images lead me to think about my own community.
FACTS:
Floods are the most common hazard in the US
Most homeowners insurance does not cover flood damage
Everyone is at risk of [...]
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Citizens non-renewal for Wind Only policies
Categories: Home Owner's Insurance, Real Estate News
hiIf you or anyone you know has a property east of US1 or 1-95, you probably have a wind-only policy through Citizens Insurance Company. You will also be receiving shortly, if you haven’t gotten it yet, a cancellation notice from Citizens Insurance.
All customers of Citizens Insurance with a wind-only policy will be receiving a [...]
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Helpful Insurance Documentation
Categories: Home Owner's Insurance, Real Estate News
hiHelpful Insurance Documentation
Here are some helpful tips to make the insurance part of a sales transaction easier for your customer. When ordering a home inspection, order all insurance documents that will be needed at that time. This will save time and money for the customer.
1) If the property has hurricane protection order Mitigation [...]
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New Condo Insurance Law
Categories: Front Page, Home Owner's Insurance, In The News, Real Estate News, Smart Living
hiEffective 1/01/2009, by Florida Statue 718.111, requires the owner of a condo unit to provide evidence of a current hazard and liability insurance policy upon the request of the condo association. The association cannot require evidence of insurance more than once per year. If the unit owner fails to provide the evidence of insurance within [...]
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New Rules for Condo Financing, hard on South Florida.
Categories: Buying Real Estate, Home Owner's Insurance, Mortgage News, Real Estate News, Smart Living
hiAs if trying to finance a condominium purchase in Miami wasn’t difficult enough, the new FNMA guidelines just add insult to injury. The Miami Herald article in Saturday’s paper lists the new requirements for mortgages sold to FNMA and FHLMC and it just makes a bad situation that much worse.
These changes apply only to [...]
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A Funny Thing Happened On My Way To Home Depot
Categories: Home Owner's Insurance, Real Estate News
hiA sales rep there asked me if I was interested in a free home windstorm inspection. Of course, I was skeptical. How can anything be free in this day and age? But I went along with it after a thorough grilling. In less than a week my home was inspected and I was given a [...]
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Hurricane Preparedness … (Do YOU need help?)
Categories: Community Information, Home Owner's Insurance, Real Estate News
hiWhether South Florida will be hammered by the storm … or merely brushed by the outer bands… is unclear. Taking Mother Nature seriously is something we get better at… one hurricane at a time . Home Depot and Publix are packed with South Floridians preparing for Hurricane Ike. While some of us will hunker down alone… others will reach out … weathering the storm with friends and family [...]
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Time running out on the My Safe Florida Home Grant
Categories: Home Owner's Insurance, Real Estate News
hiMy Safe Florida Home Program is a state run program that offers eligible homeowners free inspections from qualified hurricane mitigation inspectors. Homeowners can use these inspections to lower their homeowners insurance and address problem areas in the home. They also have Grant Money available if you have purchased Hurricane shutters within the past year. [...]
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Good News for Homeowners
Categories: Home Owner's Insurance, In The News, Real Estate News
hiThe Florida Legislature approved a bill that will freeze Citizens Property Insurance’s rates for 1 more year.
According to the Miami Herald, “Although homeowners won’t see any immediate rate relief, lawmakers hailed the bill’s increased consumer protections, such as more notice on cancellations and the ability to sue an insurer if the company doesn’t pay an [...]
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Finally – I gave MySafeFlorida.org a try!
Categories: Home Owner's Insurance, Just For Fun
hiWhen I received a letter from my mortgage company requesting a $1400 cushion for my escrow, I got busy. I contacted www.MySafeFlorida.org, specifically My SafeFloridaHome — and had a mitigation inspector come to my house — a free inspection. He handed me his report which I promptly sent to my homeowner’s insurance [...]
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