How Crooked Florida Home Insurance Agents Can Cost You Your Home

Some of these victims have lost their home and all their possessions in a fire, tornado, or hurricane with no way to replace them. Often, the agent just disappears, and his clients have no place to turn. The insurance company has no record of them and their money appears to have disappeared into thin air.

Possible Help
Fortunately, in many states the insurance companies will make that person whole if he can show the binder or copy of the home insurance declarations page they received when they made the purchase. The agent would still have to have been an agent for that company at the time it was prepared, and there would need to be no cancellation notices that had become effective.

How to Protect Yourself
So how can you make sure this never happens to you? How can you be confident when you buy your home insurance policy that the money you pay that agent will be used to purchase an actual policy?

First, always insist on a receipt showing the full amount paid, what it was paid for, and the name of the insurance company the insurance is being written with. Second, insist your agent provide you with a copy of the policy declarations page or binder showing the amount of coverage provided, the location of the property, and the insurance company with whom the coverage has been written. Third, if you ever get a cancellation notice or a notice from your mortgage company indicating their copy of the binder or declarations page has NOT