Personal Injury Law
Personal Injury Law Question? Ask Personal Injury Lawyers.
Hi and welcome to JA. Ray here to help you today.
No the insurance carrier is obligated to defend you here and pay judgment up to policy limits.If you have not done so this would be a great time to claim this as homestead.Florida has unlimited homestead protection so here this house once claimed would not be affected by judgment.I would sell your other one now if you have not done so.
Long term you are better off with one property and one homestead in Florida . A judgment here could cloud title to both properties and put Florida on at risk.I would consider selling any other properties now and claim the Florida one as a homestead.
I appreciate the chance to help you today.Thanks again.