Whether you are doing it because you want to solve an existing problem or because you want to do some changes that will improve your quality of life, remodeling will be an action that will increase the value of your home. According to Remodeling magazine's 2016 Cost vs. Value Report, you'll recoup an average of 64% of what you paid for a renovation if you sell your home this year. To come up with this conclusion, consultants were asked in various markets to provide an estimat
If it’s possible try to stop the water source. If you were able to stop the water source, dry and/or remove as much water as you can. Protect your furniture from water by using plastic or wax paper or any other material that will keep them dry. Lift off the floor any bed skirt, curtain, rugs or drapery. Keep all your valuable documentation in a safe zone. Stay away from any electronic device. Do not use appliances in wet areas. If the ceiling is sagging with water, go to anot
Nine days after Hurricane Irma left Florida with less structural damage than expected, 496,532 insure claims were filed with a worth estimated of $3.1 billion. According to Sean Snaith, an economics professor from University of Central Florida, as soon as the light comes back on, the state’s economy should rebound quicker than it was originally expected. However, the statistics show that even the damages were less than expected they have noticeable affected Florida’s economy.
Just one week after Hurricane Irma’s rampage through Florida, storm-related insurance claims filed already reach an estimated $2 billion in losses, according to Florida’s Office of Insurance Regulation. A total of 335,347 claims have been filed through Sunday. That figure includes 243,473 claims from homeowners, as well as 19,283 from mobile homeowners. Commercial pr operty owners have filed 9,945 claims. Another 555 claims are related to private flood insurance and 451 claim
After 25 years in Key West, Jim Gilleran knows residents need a cold beer, a hot meal and a place to reconnect after a hurricane. While most bars and restaurants remain shuttered on Duval Street, Gilleran opened his 801 Bar hours after Hurricane Irma smashed past the island. He’s kept his generator operating since, serving nearly 700-800 free meals a day. On Thursday, the bar stools were packed with sweaty, unshowered, hungry residents anticipating a steak lunch while staff g
Irma could be a "top 5 most costly hurricane," according to JPMorgan. Consumers should keep detailed records when communicating with their insurer after a natural disaster. Consumers affected by Irma aren't in for an easy financial recovery. Insured losses from Irma range widely. Insurance analyst Randy Binner told CNBC Monday that the figure could be as low as $10 billion; JPMorgan warned its clients that the storm could still be "a top 5 most costly hurricane" at the lower
Homeowners scared by Harvey and in the potential path of Irma can't get National Flood Insurance Program coverage immediately because of a typical 30-day waiting period. They still might be able to buy it on the private market with as little as three days' wait, said Tony Barletta, owner of the Barletta Agency of Brightway Insurance in Stuart, Fla. It depends on whether the homeowner qualifies for a specific company's policy and a variety of other factors, Barletta said. And