in Agency News, Hurricanes

Our Hurricane “muscle memory” has not been used in some time. Make sure your closings are not held up or extended due to insurance requirements on your financed transactions. Sometimes these delays can actually cause the deal to be cancelled.

Once we are “in the box” for a named storm, binding restrictions will go into effect statewide with all carriers. This is when it is forecast to hit any part of the state of Florida.
Regardless of whether you are on the listing or sales side, it would be prudent to make sure the policy has been bound for the estimated date of closing well in advance. Once the policy is bound, it does not matter if the closing occurs during the hurricane.