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Tag: Homeowners

High-Value Homes Require High-Value Insurance

High-Value Homes Require High-Value Insurance

While all homeowners know that they need insurance, they may not know how much insurance they need. If you own a high-value home or have a high net worth, your insurance options may differ from other people’s options. You may require high net worth homeowners coverage. Consider Your Coverage Is your current homeowners’ insurance enough? If you recently purchased a high-value home, do you think that standard homeowners’ insurance will be enough? Most standard policies cover the average cost and…

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Does Homeowners Insurance in Florida Cover Sinkholes?

Does Homeowners Insurance in Florida Cover Sinkholes?

Every geographic region in the US has its own natural disasters to be concerned with. But the increase in sinkhole activity in some areas of Florida is new. Scientists, engineers and real estate developers aren’t quite certain just why this is happening. Some geological experts believe the sinkhole activity is increasing because developers are pumping more water out of the ground for new projects or for agricultural use. Apparently acid in the water causes the limestone under many parts of…

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