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Hurricanes are one of the deadliest weather-related disasters, and the costs associated with hurricane damage have been increasing as coastal areas become more populated. Although Florida did not have any hurricanes for over ten years, Florida’s fragile property insurance market has resulted in nearly year after year of steadily rising insurance rates for homeowners. Florida is a uniquely risky insurance market. Most of its insured residential and commercial property - 78 percent - lies in coastal areas vulnerable to both wind damage and flooding. Class highlights include:
- The Statute of Limitations and Timely Reporting Requirements
- Statutory Requirements for Hurricane Deductibles
- Storm Surge, Waves, Tides and Flooding
- Ordinance or Law Coverage for Increased Costs of Construction
- Debris Removal and Damage to a Covered Structure
- The Increased Period of Restoration
- Florida’s Valued Policy Law
- The Florida Supreme Court's Decision in the Water Versus Wind Issue
- Approved for 6 Hours of Elective Continuing Education
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