Understanding the New Proof-of-Loss Form Requirements in Florida.
Most states have no form requirements for a proof of loss. Not Florida. It’s one of the few states that mandates specific language be included in a proof of loss. That required language hasn’t changed, but as part of Florida’s 2023 updates.....
Actual Cash Value vs. Replacement Cost in Property Insurance Claims: A Comprehensive Guide
There are two basic methods for calculating the payment you’re owed on a property insurance claim: actual cash value and replacement cost value. What’s the difference? Actual cash value (ACV) discounts your reimbursement based on the age and condition of your property,.....
FAQs: Everything You Need to Know About Additional Living Expenses Insurance Coverage
Welcome to our FAQ on additional living expenses (ALE) insurance coverage! If you’re a homeowner’s insurance policyholder, you may have come across the term “ALE” and are wondering what it means and how it can help you in the event of a.....
Homeowners: 5 Things To Do After A Property Loss
You can feel overwhelmed and stressed after a property loss, but the first steps are easy. Take a deep breath. You’ll have time for all the details later. Here are the 5 things you want to do immediately after a property loss......