South Florida, after Hurricane Andrew, has been one of the worst places to buy Homeowners Insurance.
1) No company offers Replacement insurance for Content 2) Insurance companies have separated water damage out from their coverage... (Flood Insurance from Gov). 3) Lot of the items are not 'excluded' or carry a premium charge.. e.g anything externally attached to the house.. shed, fence, pool, awning etc etc. 4) Many of us are not able to afford the Windstorm coverage.. (high property values and higher premiums)... Just to give you an ideal, Homeowners policy without Wind Storm Coverage is $4200/year... adding WindStorm would be an additional $10-$12K / year i.e. $15-18K / year... (the home value is also high 6 figures). 5) The insurance companies have been getting very picky about everything... So, putting all that aside, yes there is a portion in the Homeowners Insurance which pays up to a certain limit for "Loss of Use"... Regards. Faisal Imtiaz Snappy Internet & Telecom 7266 SW 48 Street Miami, FL 33155 Tel: 305 663 5518 x 232 Help-desk: (305)663-5518 Option 2 or Email: [email protected] > From: "CBB - Jay Fuller" <[email protected]> > To: [email protected] > Sent: Thursday, September 7, 2017 11:30:54 PM > Subject: [AFMUG] irma > curious - if you live in a hurricane mandatory evac zone - does your insurance > company reimburse you travel expenses? > assuming they don't - but i also believe if you have damage they do reimburse > travel?
