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Sinkhole coverage vs. catastrophic ground collapse

Sinkhole Coverage vs. Catastrophic Ground Collapse

Florida is famous for many threats—hurricanes, alligators, the eponymous “Florida Man”—but one of its most dangerous features lurks right underground: sinkholes. Which begs the question: “How does this affect my insurance?”

Your Florida homeowner’s policy includes catastrophic ground cover collapse, but is that the same as sinkhole insurance? In this article, we’ll compare sinkhole coverage vs. catastrophic ground collapse to see how the two measure up.

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What is an Assignment of Benefits Agreement? (And why shouldn't you sign one?)

What is an Assignment of Benefits Agreement?

You come home from work one day to find that a leak under your sink has sprayed water all over the floor. Panicking, you shut off the water main and call the first plumber that pops up on Angie’s List. He fixes the leak and recommends a company to take care of all the water damage.

You’re satisfied with their work, so you take the referral and call the remediation company. But when they show up, that’s when the problem starts.

They present you with an Assignment of Benefits form and say that they won’t start work until you sign it.
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Smart Home Insurance Discounts

Smart Home Insurance Discounts

Today’s tech doesn’t just make our lives easier, it protects our homes and makes them more energy efficient. Who doesn’t love that?

Your insurance company loves it, too. Having an extra layer of protection against theft, damage, and other forms of risk means less claims to pay out on. So it should come as no surprise that many insurance carriers are beginning to offer smart home insurance discounts if these devices are installed in your home.
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Your Quick Guide to Florida Insurance Laws

Settling down in the Sunshine State?

Florida remains one of the most popular states in the country, with roughly 900 people moving to the state every day. That’s 330,605 new residents each year! And frankly, with year-round sunshine, warm temperatures, beautiful sandy beaches, and countless things to do, who can blame them?

But if you’re planning on joining us in this wonderful state, you’ll need to know more than what hours Disney is open. Here are some of the things you need to know about Florida insurance laws.

Keep reading our guide so that you’re prepared for your big move.
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10 home maintenance tips to reduce claims and home insurance rates

10 Tips to Reduce Claims and Home Insurance Rates

There are a lot of factors that help determine your home insurance rates, but none are so easy to control as proper home maintenance.

Taking care of your home prevents wear and tear, damage, and the stress of having to deal with a middle-of-the-night emergency. When your home performs the way it should, you not only live better, you can breathe easier. And so can your insurance company when they consider how much of your risk they are taking on.

More claims lead to higher home insurance rates, so proper home maintenance is one way to keep your premiums down.
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How Long Does a Roof Last? (The Age of Your Roof and Insurance)

How Long Does a Roof Last?: Age of Roof and Insurance

Your home does a lot for you: it keeps you warm and dry, it keeps you safe, and it keeps all your things in one place. Aside from the odd repair or two, it’s holding up and doing its job well.

That’s why it comes as such as shock when your insurance company informs you that your roof age is too old and they are going to drop your homeowners insurance coverage if you don’t get a new one.

Huh?
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actual cash value vs. replacement value

Actual Cash Value vs. Replacement Cost

If you’re like most people, you don’t examine your insurance documents until you need to make a claim.

And that’s when you’ll notice it.

Your insurance company isn’t paying you enough to replace your totaled car, stating that your policy only reimburses you for “actual cash value.”

It’s a confusing distinction, understanding actual cash value vs. replacement cost is an important part of creating the coverage level you need.
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Does Homeowners Insurance Cover Theft Outside the Home?

Just like a Business Owner’s Policy (BOP) combines multiple categories of protection into a single policy, typical homeowners insurance covers three major categories:

  • Structure – Protects your home’s roof, walls, foundation, etc.;
  • Liability – Protects you from lawsuits in the event a third party experiences injury, damage, or loss (i.e. your dog bites someone or your neighbor slips and falls on your stairs);
  • Personal property – Protects your belongings (i.e. anything you would take with you when you move) against damage and/or theft.

It is this last category—theft—that often raises questions, even among veteran homeowners.

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Do I Need to Insure My Jewelry?

Do I Need to Insure My Jewelry?

Wedding insurance is a great way to make sure the Big Day goes off without a hitch. But what about protecting your investments after your wedding? Have you thought about engagement ring insurance for that gorgeous rock?

Or perhaps you’re not married, but you have other valuable items of jewelry to protect. Maybe an antique brooch from your grandmother or a pocket watch from your great-great-grandfather. Jewelry is expensive and—in the case of heirlooms—often irreplaceable. But having jewelry coverage on your gems, gold, and other precious metals can help if your engagement ring is lost.

In this article, we’ll go over some of the more common questions that you may have about getting jewelry insured. 
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home insurance premiums going up

Why Your Home Insurance Premiums Are Going Up

You haven’t even made it all the way inside from your mailbox, and you’re already frustrated!

It seems like every year when that homeowner insurance renewal comes, it’s asking for more money. You haven’t had a claim since you bought the home 15 years ago; it just doesn’t seem fair.

Well, when it comes to one of the biggest causes for home insurance premium increases, you’re right. It’s not fair.

When Homeowners Become Victims

The State of Florida is currently faced with a major insurance crisis.

It comes in the form of widespread fraud…specifically fraud perpetrated by crooked contractors and public adjusters responding to claims caused by alleged water damage and hail storms. Homeowners become victims when they fall for a too-good-to-be-true offer from the scammer.

Let’s take a look at some examples of how this fraud is committed.
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