Industry Insights

Water damage affects a lot of homes and businesses in Florida. We are not just talking about natural disasters as the primary culprit here. It can also be due to aged pipes that burst out, as well as rising streams. With this picture in mind, you may want to know which situation will your insurance […]

Homeowners in locations prone to strong hurricanes as well as other tropical storms may very well be aware of the hurricane season and what needs to be done to protect their homes from substantial wind and flood damage. However, many homeowners considering migrating to these areas may have a variety of questions, such as “When is […]

Hurricanes are destructive for homeowners and businesses across the United States. The damages are often devastating, resulting in huge losses. You may have an insurance policy in place to protect your property against hurricane damage. Even if you have a valid claim for hurricane damage, your recoveries may be restricted due to ambiguity in policy […]

Commercial property insurance policies come with different coverage details. Many times, you can use it to help pay for costly repair or replacement of your building or its contents, provided the damage is part of the covered incident. This is where the question of the extent of coverage comes in. Will a subtler situation be […]

It is as if getting your business property damaged by strong winds and hailstorms is not enough. With that comes costly repairs, plus the possibility of having to halt your operations. How you wish you can do something about the situation when it is already there, and prevent trees from pushing onto your buildings. Hopefully, […]

On December 10, 2021, many homes were struck by ravaging tornadoes in the Midwest and Southern U.S. Meteorologists, weather pundits, and residents were shocked at the level of devastation and ferocity of the storms that appeared much later in the year than they usually do. As many as 90 people have lost their lives in […]

If you own a business, hopefully, you’re already familiar with how important business insurance is. If you’re not entirely up-to-date on this topic, rest assured, without adequate insurance coverage, all you have worked for could vanish as a result of a frivolous lawsuit, a natural disaster, and more – and it can happen in a […]

Have you had a covered loss and are now trapped due to a disagreement about the value of your property damage claim? Unsurprisingly, this is a regular occurrence, and the most common solution is litigation between the insured and the insurer. If you and your insurer disagree on the value of your property damages, you […]

Flood is one of the most common hazards in the United States. FEMA says it is also the costliest of them all. High-risk areas were cited by the National Flood Insurance Program or NFIP to have a 25% chance of flood during the 30-year average mortgage course. Typical insurance policies do not cover losses incurred […]

For most any business owner, the importance of insurance is undeniable. There are numerous types of insurance policies that go along with business ownership, some of which can vary according to the type of business involved. One such policy – builder’s risk insurance – is one that many recognize the need for, but they’re not […]

Many individuals are left wondering how to even begin cleaning up the pieces after a major natural disaster, both literally and metaphorically. If you run a business, you must not only worry about fixing your house but also your commercial property – your source of income. If your facility sustained significant water damage, continue reading […]