Homeowner’s Insurance

The Florida Legislature has passed a complete overhaul of property insurance assignment of benefits law. These are big changes and will drastically affect water restoration companies and other businesses that utilize an assignment of benefits in the home insurance context. The 2019 reforms would seem to have been drafted by the insurance lobby and signed off on by the legislature. Doubtless these reforms will save the insurance industry millions of dollars. What are the major changes for those involved with assignments of benefits? First, the legislation limits assignments of benefits (“AOBs”) for emergency services to $3,000 or 1 percent of […]

It’s straight out of the movies – your kids are playing baseball in the backyard and “crash” your 12 year old has hit a home run right through your neighbor’s window.  Are you legally responsible for repairing the window?  In the movies, the kids always raise the money and pay for the damage they caused – finding themselves along the way.  But we all know that’s not how the real world works so – we know you are morally responsible for damage caused by your child but (for those somewhat morally challenged) are you legally responsible as well? Our analysis […]

Please read everything below and share it if you find it helpful.  This brief article is only about what to do from a legal point of view and NOT about safety.  Let’s get to it. FIRST THING:     Find your insurance policy or policies or at least the “declarations page” and store it in your phone including the phone number of your insurance company.  You must understand two things:  First, that your hurricane deductible is likely much higher than you imagine.  Most policies we have seen in the last few years have 5% or even 10% deductibles meaning your deductible is […]