The seasons are beginning to change and the winter holidays are anxious for Thanksgiving to come and go so the world can be bombarded with the need to decorate, to buy gifts for family and friends, and to prepare homes and properties for festive fun and gatherings. Luckily, we South Floridians will go untouched by one aspect of the winter holidays seen much more frequently in the north: the blistering cold and snow. For renters and property owners alike this is a great luxury, and we at Genet Property Group are here to remind you of all of the damages and casualties to property that we have the fortune to avoid.
According to the Insurance Information Institute, in 2014 the insured damages from winter weather were estimated to have exceeded $2.3 billion. This in total is nearly 7% of all damages across the United States — meaning that South Florida is safe from almost 1/10 of all of the damage costs that happen in the country. These damages are issues such as pipes freezing, building and roof collapse from snow, and the interruption of services and utilities because of icy conditions. A huge relief is the lack of any business loss in South Florida due to winter weather — in Massachusetts, according to Weather.com & The Associated Press, there was a loss of $1 billion in wages and profits due to a singular weather storm in March.
While South Floridians may have a couple of extra concerns surrounding tropical weather, not having to deal with winter conditions is something to be thankful for, especially when that weather can interrupt personal or business matters and might cause property damages as well. For the best in your winter-safe property needs, Genet Property Group offers over 1.5 million square feet of office, warehouse, and residential space in South Florida. Contact a property management professional at GenetGroup.com or 954.572.9159 to secure your warm and sunny lease today.