Realtors and residents affected by Hurricanes Milton and Helene can apply for financial assistance and programs that offer aid for damaged homes and offices.
Information is available that will help Realtors protect their businesses and customers including infographics that address immediate needs.
The storm is expected to weaken before it makes landfall, likely in the Tampa area on Wednesday. It could grow in size before moving across the state.
As the scope of the loss of life, infrastructure and property damages becomes clearer, estimated U.S. damage and economic loss rises to between $225B - $250B.
Fla. Office of Insurance Regulation: With 84,400 claims filed, the state’s estimated insured losses from Hurricane Helene totaled $835,853,221 on Oct. 3.
As of Oct. 2, the total estimated insured losses for Florida from the storm are $777,772,440 and 79,360 claims. Business resource centers have opened.
A Florida Office of Insurance Regulation order bans insurance cancellations or nonrenewals in impacted areas, unless requested by the policyholder, until late November.
Unemployment assistance is available to those who lost jobs or self-employment due to the hurricane. The Florida Realtors DRF donated to NAR’s Realtor Relief Fund.
Florida’s latest laws, effective Oct. 1, address flood risk transparency for homebuyers and restrict public camping, while others target theft and fraud.
FEMA, state bridge loans and the Florida Realtors Disaster Relief Fund are open for applications to help homeowners and businesses in need.
