Is there a guideline that new home buyers should be following during hurricane season?
September 28, 2015
Watch the weather! Hurricane season in the Atlantic begins June 1st and ends November 30th every year. Binding restrictions go in force shortly after a Tropical Storm forms, anytime a state of emergency is declared by the governor or at the company's discretion once there is a projected path to Florida's coastline. Once binding restrictions go in force an insurance policy cannot be issued for property damage coverage. Therefore, closings can be delayed. Make sure to check on the property after a storm has passed as there could be damages from the storm that would not be listed on a prior home inspection. Undisclosed damage(s) could result in high, unexpected out of pocket expenses for the home buyer. Feel free to e-mail in insurance questions you'd like answered to firstname.lastname@example.org
About the author:
Kimberly Branch is a licensed insurance agent in the state of Florida. She is a graduate of the University of Florida and has over 10 years of experience in the insurance industry. She is an employee for Shapiro Insurance group which has 6 offices throughout the state and has been in business over 25 years! Kim will be contributing to the blog with insurance information on a monthly basis and is open to answering any questions you may have. Feel free to reach out to Kim to have her review your insurance portfolio today! (904) 730-7343