Hurricane season kicks off in June and there are strong odds it may end up being another active storm season, which means there is always the possibility of one making landfall in South Florida. Homeowners that have yet purchase flood insurance may wish to explore options.
Miami, FL -- (SBWIRE) -- 05/17/2018 -- The homeowner's insurance policy that most Floridians have typically does provide coverage for a flood, and that also extends to insurance for businesses and renters. The Florida Office of Insurance Regulation once reported that nearly a million property owners filed claims related to losses caused by last year's Hurricane Irma, resulting in billions of dollars worth of damage.
Homeowners may wish to keep in mind that even areas deemed low-risk areas may still experience flooding, especially in South Florida where a number of homes and businesses are close to bodies of water. Homeowners that are planning on purchasing insurance to cover flooding such as a National Flood Insurance Policy should be aware that the policy may not go into effect until thirty days after the purchase has been made.
About Alonso Pérez LLP
Consisting of attorney Rafael Alonso, the law firm dedicates itself to representing businesses and individuals across South Florida in insurance disputes. The firm is passionate about serving its clients as a primary resource and partner in all aspects of their business growth and financial development. For more information call 305-676-7545 to speak with a Miami insurance attorney or to request a free consultation.