New Construction vs. Older Homes: How Insurance Coverage Differs
January 28, 2025
New Construction vs. Older Homes: How Insurance Coverage Differs When purchasing a home, whether it’s a brand-new construction or a historic property, one crucial factor to consider is home insurance coverage. Insurance policies vary depending on the age, structure, and condition of the home, which can impact your premiums and coverage options. In this blog, […]
Florida Court Ruling Brings Major Shift to Homeowners Insurance Market
January 8, 2025
In early January 2025, Florida’s Fifth District Court of Appeals issued a pivotal ruling affecting the state’s homeowners insurance market. The court determined that a “direction to pay” (DTP) from a policyholder does not equate to an “assignment of benefits” (AOB). This decision reinforces legislative efforts to reduce excessive litigation within Florida. Historically, Florida’s insurance […]
