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Thursday, August 19, 2010

Florida Homeowners Insurance - Information on House, Property and Home insurance in FL

Florida Homeowners Insurance - Information on House, Property and Home insurance in FL: "Florida Home Coverage Problems

Florida homeowners insurance has been in a crisis over the past few years, especially since the bumper windstorm year of 2004. The Sunshine State has been afflicted with many home insurance claims due to hurricanes, tropical storms, flooding and sinkholes.

Florida house Insurance can require flood insurance, sinkhole insurance, wind coverage and liability to cover a range of types of loss. Home policy coverage has seen an increase in premiums, and higher deductibles as policyholders take on more of the risk. The insurance commission and the legislature have seemed almost powerless to stop the rising home coverage rates. The cost of a house policy has begun to mean that residential insurance is almost unaffordable. And when a claim is made and an assessor comes out, often the claim is ruled ineligible for one reason or another.

This site has news and consumer advice about residential property insurance."

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