Found 2 blog entries tagged as florida.

Will My Homeowner's Insurance Cover Me After a Hurricane?

Hurricanes are a reality in Southern Florida and you probably want to make sure that your homeowners or renter insurance will hold up during this kind of a disaster. Here's some information about homeowners insurance and hurricane damage.

It often depends on the type of disaster you have. Most damages from many calamities are covered by a standard policy but some are not and so it's important to know what your policy covers. Plus, it might cover some of the damage but not the full extent and many homeowners and renters don't have adequate protection to cover all their losses. In addition, new tax reform laws could mean that uninsured losses can only be deducted in specific cases.

Homeowners insurance, condo, and renters insurance will cover…

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The major news outlet Bloomberg reported that in 2021 at least 40 residential properties sold for over $50 million across the country. They cite the source of data compiled by the appraisal company Miller Samuel.

This is said to be around an 835% increase in purchases of super-luxury homes over purchases made in the year 2020 which was also noted as a record year for luxury real estate. The surge in sales for this tier of real estate has been surprisingly unexpected by some real estate experts.

Some are attributing it to being fueled by the booming stock market and low mortgage interest rates coupled with a very large amount of homeowners spending a majority of their time in their houses. Staying in the lap of luxury was more highly sought out as…

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