Category: Insurance Policies and Coverage Issues

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…

April 1, 2016 by Morgan Barfield

The sinkhole deductible While a sinkhole deductible may sound like a simple, normal aspect of an insurance policy, it is something that should be avoided at all costs; it can make for a very expensive sinkhole repair, even with your insurance coverage. A sinkhole deductible acts differently In insurance policies of all types, like health…

March 25, 2016 by Morgan Barfield

Citizens has decided to try to restore its public image and send out “settlement” offers to every one of its insureds with a confirmed sinkhole claim. The offer is three pages long and is clearly a form letter with nothing but the dates and names changed. This “offer” is a joke and here is why….

March 11, 2016 by Morgan Barfield

Q: I have a home with sink hole activity. My insurance company has offered me a cash settlement as soon as they received their engineer’s report.Their offer does not not cover their engineer’s estimate for ground settlement and their estimator’s cost for cosmetic repair.I am preparing a counter offer to cover these estimates. Also is…

February 10, 2016 by Morgan Barfield

Allow me to provide another great example of the hypocricy of insurance companies. For how many years now have we been hearing complaints of insureds running out and filing sinkhole claims when they see one little crack? That has been the main gripe of these carriers, especially in Tallahassee. Too many people were just jumping…