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Ready to buy your dream house? Beware of past insurance claims [South Florida Sun-Sentinel]

You should also investigate whether insurance claims have been filed by the home’ s previous owners, said Mark Friedlander, director of corporate communications for the industry-funded Insurance Information Institute. Buyers looking for homes in today’ s hot South Florida real estate market face challenges securing coverage in Florida’ s troubled. ....

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Ready to buy your dream house? Beware of past insurance claims

Homebuyers can be blindsided when past insurance claims are discovered against houses they have contracted to buy, insurance experts say. Old claims can cause higher rates for a home's new owner. And a Coral Springs man said an old claim prevented him from securing insurance from a regulated firm in Florida. Instead, he was forced to pay thousands of dollars more for a surplus lines policy. ....

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