What is actual cash value and what is replacement cost value?
Aug 27, 2018
In Florida, actual cash value is considered replacement cost value minus depreciation. Replacement cost, in essence, is the amount of money fair market value that it takes to repair the damaged proper...
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What is the insurance company required to do if I notify it that I have a claim?
Aug 27, 2018
The insurance company's required to come out in a timely manner, so they should, within days oftentimes, come to your property, inspect the loss, and begin the adjustment process so that they can time...
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What is the difference between an insurance appraisal and arbitration?
Aug 27, 2018
Depending on the insurance policy, many insurance policies will give the option to go through the appraisal process. The appraisal process is when both parties get to select their appraiser, appoint a...
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What if my tile floor was damaged but the tile used is discontinued?
Aug 27, 2018
In Florida, the insurance company is responsible to replace your tile flooring with similar like kind and quality if your flooring suffers a covered loss. In the event they are unable to do so, you ma...
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What is an exclusion in an insurance policy?
Aug 27, 2018
Every insurance policy has a section titled exclusions and what this section describes are the circumstances where coverage is not afforded. Most of these descriptions are very complicated and convolu...
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What should I do if my insurance company does not want to pay my claim?
Aug 27, 2018
Unfortunately, this is something that happens far too often. Insurance companies either wrongfully deny your claim or sometimes they just get it wrong. Either way, you wanna make sure that you contact...
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Why do I need an attorney?
Aug 27, 2018
You want to have an attorney, because most insureds are not legally trained and are not fully aware of the consequences of the conversations that they have with the insurance company and the documenta...
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If You Have Cast Iron Plumbing In Your Home, You MUST Know This!
Aug 27, 2018
If You Have Cast Iron Plumbing In Your Home, You MUST Know This!...
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