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Ocean Point Claims Company
Glossary

Florida Insurance Guaranty Association (FIGA)

The statutory entity that handles covered claims when a Florida insurer becomes insolvent.

Coverage

  • Per-claim cap generally $300,000
  • Deductible plus $100 FIGA deductible
  • Net worth exclusion applies

Timing

Strict bar date to file with the receiver. Miss it and the claim is extinguished.

Related

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License
FL DFS #W829547
Experience
21 years · 500+ mediations
Rating
5★ (85 Google reviews)
Fee
No recovery, no fee
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