Category: Insurance Policies and Coverage Issues

September 29, 2016 by Morgan Barfield

In 2010 my firm assumed representation of Kathy Johnson, an insured in Ocala with horrific damage to her home. Her claim was denied by Tower Hill (also named Omega Insurance). We hired another engineering firm who did more testing and found clear evidence of sinkhole activity. We moved forward with a lawsuit and shortly after…

September 13, 2016 by Morgan Barfield

As background to this issue, when a homeowner prevails against their insurance company on a sinkhole claim (or any insurance claim) the insurance company is required by statute to compensate the homeowners lawyer for their services. The court will look to how many hours the lawyer spent working on the case and then multiply that…

June 5, 2016 by Morgan Barfield

Surplus lines insurance carriers and basically insurance companies that are willing to take on large and/or riskier properties. Because they do so, they typically don’t have to be qualified by the State and therefore don’t necessarily have to follow the same guidelines that your typical domestic, private insurance company does. Whether that is good or…

May 30, 2016 by Morgan Barfield

The coverage itself is usually quite similar. Remember that the sinkhole insurance offered here in Florida is written by Statute so all domestic insurance companies follow the same guidelines. Big differences in the coverage can arise when you have surplus lines carriers which often are the only options for a large, riskier commercial property. (More…

May 23, 2016 by Morgan Barfield

I say no usually. Of course every situation has to be looked at uniquely but I frequently deter people away from this option. To make sure we understand what it is we are talking about, the current law requires a structural evaluation to determine whether structural damage is present at your home first. If they…

April 21, 2016 by Morgan Barfield

We see many types of insurance policies but insurance that is force placed is often the most difficult to wrap your head around. These types of policies are actually purchased by the mortgage company when the homeowner fails to get insurance on the home themselves. Essentially, the mortgage company buys insurance for itself. This means…