Fort Lauderdale Blog

Understanding Your Insurance During Hurricane Season

Understanding Your Insurance During Hurricane Season

Hurricane season runs from mid May to November, and homeowners should be on high alert to protect their property from potential weather-related damage. One key thing homeowners can do to prepare is be sure they fully understand their insurance coverage.

How to Pack an Emergency Kit for Any Disaster

How to Pack an Emergency Kit for Any Disaster

The risks you and your family may face—wildfires, terrorist attacks, flooding, earthquakes—are among the most important factors to consider in deciding what goes in your emergency bag. FEMA, the American Red Cross and the Centers for Disease Control and Prevention all provide checklists to help you get started. Building from there, here are additional items to include in an emergency bag for yourself, your family and your pets. 

How to Prep Your Home for Floods

 

How to Prep Your Home for Floods.

Floods in your home are often unexpected. Whether from immense rain or a busted pipe, there is often little time to act. With this in mind, it’s important to have a few things prepped in case of a sudden flood.

Here are a few tips from Puzio to help homeowners prepare before a flood occurrence:

Regaining Balance: 1 Million U.S. Borrowers Recoup Equity in 2015

Regaining Balance: 1 Million U.S. Borrowers Recoup Equity in 2015

 Fort Lauderdale, FL

One million borrowers regained equity in 2015, bringing the total number of mortgaged residential properties with equity at the end of Q4 2015 to approximately 46.3 million, or 91.5 percent of all mortgaged properties, according to the new CoreLogic® analysis. Nationwide, borrower equity increased year over year by $682 billion in Q4 2015. The CoreLogic analysis also indicates approximately 120,000 properties lost equity in the fourth quarter of 2015 compared to the third quarter of 2015.

Q: What Kind of Home Insurance Should I Get?

Fort Lauderdale, Fl

A: A standard policy will do in most instances. It protects against several natural disasters and catastrophic events. However, it will not guard against earthquakes, floods, war, and nuclear accidents. The policy can be expanded to include these disasters as well as coverage for such things as workers' compensation. In fact, the lender may require that you purchase flood or earthquake insurance if the house is in a flood zone or a region susceptible to earthquakes or hurricanes.