Florida’s lending market is feeling the effects of the home insurance market

As the home insurance industry works to survive the Florida market, it could lead to collateral damage for Florida’s mortgage industry and for borrowers.

Financial ratings firm Demotech recently downgraded the financial stability rating of three homeowner insurers in the past few weeks and warned 17 other insurers of potential future downgrades.

Any rating below “A” would disqualify the insurers from compliance with Fannie Mae and Freddie Mac underwriting guidelines and this in turn will push servicers to force-place more expensive coverage on its borrowers/policyholders.

If a dispute arises under your property insurance policy, the Florida Property Damage Attorneys at the Consumer Law Office (CLO) can help you with your dispute, so that you can receive the compensation that you are entitled to under your insurance policy.

At CLO, we will take the time to review and interpret your policy to understand the full measure of damages available to you.

Ask for Attorney Mordechai Breier, Founder of CLO. Mordechai is on your side and will bring you peace of mind and will fight on your behalf to see that YOU get the full benefits that YOU are entitled to under your insurance policy.

305-940-0924 Visit https://consumerlawoffice.com/

There are NO upfront fees AND we only get paid when you get paid by the insurance company.

Your insurance company has the resources to hire experts to protect their interests; your representation should be no different.