Jacksonville FL Real Estate Update: Florida: Jacksonville: Jacksonville Beach

Tropical Storm Emily and Home Buyers

by  on AUGUST 3, 2011 

Jacksonville, FL: Wednesday, August 3, 2011
How Can Tropical Storm Emily Impact Home Buyers in Florida?

Storm track models suggest that Tropical Storm Emily could come right through Jacksonville, Florida. Even if she doesn’t, she can cause problems for home buyers hoping to close on their new home during the next week.

Generally speaking, if a company offers homeowner’s automobile or boat insurance, it is available on a year-round basis to applicants who meet underwriting guidelines. But just as a company would not issue a fire policy on a structure already burning, the insurer will not write a new hurricane policy when a hurricane is barreling down on Florida.

For those who already own a home and have insurance, many homeowners learn the hard way that their homeowner policy will not cover property damage caused by hurricanes and floods. If you live in a potentially affected area, be sure to contact your insurance provider to discuss your options.

If you would like more information, send us an email and just ask for the “White Paper” about  when insurers stop writing insurance.

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ABOUT THE BLOG OWNER

TIMOTHY H. FENNELL, PA

Tim FennellTim Fennell is a Florida licensed Real Estate Broker with The Legends of Real Estate, REALTORS® in Jacksonville, Florida.

His strong background in business development, real estate investments, counseling and marketing greatly enhance his skills as a Listing and Internet Marketing Specialist. 

Tim and his wife, Susan, have over 30 years experience in Jacksonville Real Estate sales, marketing and investing. Both are Accredited Consultants in Real Estate (ACRE®). When you're ready to be consulted with, rather than sold to, give Tim and Susan Fennell a call.

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Comment balloon 1 commentTim Fennell • August 03 2011 11:57AM
Tropical Storm Emily and Home Buyers
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by TIM on AUGUST 3, 2011 Jacksonville, FL: Wednesday, August 3, 2011 How Can Tropical Storm Emily Impact Home Buyers in Florida? Storm track models suggest that Tropical Storm Emily could come right through… more