What does 'in the box' mean for Jacksonville FL residents?
When people live in the Jacksonville Florida area, they might hear people talking about a storm being 'in the box.' That means that a named storm is within 500 miles of our state and when this happens, no homeowner's insurance policies will be written.
If you are purchasing a home in Jacksonville, be sure to contact your insurance agent right away to secure an insurance policy as soon as there is a fully executed contract.
Don't let a named storm come 'into the box' and delay your closing. Even if the named storm is not routed to hit Florida or the Jacksonville area, if it is 'in the box' all insurance underwriting comes to a stand still.
If you would like names of insurance companies that give the most competitve rates, just call or text us.
Chain Real Estate Investments & Mortgage, Steve & Joel Chain - Cottonwood, CA
Sharon,
That is very insightful information.
I'm wishing no storms come near the Jacksonville,FL box,
Steve
Sep 23, 2011 03:38 PM
Realty Empire Incorporated - Miami Lakes, FL
Turning For Sale Into SOLD!
Coldwell Banker Vanguard Realty - 904-673-2308 - Fleming Island, FL
Realtor - Homes for Sale Fleming Island FL
Steve, me neither! But many a closing is held up when the parties involved do not know about this.
Stephanie, it is. A person new to Florida just asked me about it this week, so I thought a post on it was in order.
Sep 23, 2011 05:17 PM
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA
This is a fantastic explanation of a simple phrase that can have huge impact on home buyers in Jacksonville, FL.
Sep 24, 2011 06:40 AM
Coldwell Banker Vanguard Realty - 904-673-2308 - Fleming Island, FL
Realtor - Homes for Sale Fleming Island FL
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