Property insurance costs aren’t completely under human control. NOAA says 2023 has had 23 billion-dollar-plus disasters so far due to changes in the climate.
Resources are available to assist state, tribal and local recovery efforts in areas affected by the hurricane. The fed disaster declaration covers 13 Florida counties.
Idalia caused flooding in communities along Fla.’s west coast before making landfall in rural Taylor County, but some say the insurance industry “dodged a bullet.”
The fed disaster declaration now covers Columbia, Gilchrist, Hernando, Jefferson, Madison, Pasco, Citrus, Dixie, Hamilton, Lafayette, Levy, Suwannee and Taylor counties.
Pres. Biden declared seven Fla. counties disaster areas, but Gov. DeSantis thinks more will be added. A declaration opens up additional aid, including more fed funding.
Accusations suggest some Fla. insurers shortchanged policyholders last year, but a new 2023 law tightens how insurers handle claims and increases penalties if they fail to do so.
In the wake of hurricane destruction, many landlords, tenants and property managers aren’t sure how to proceed. Here’s what Florida law says.
