If you are a homeowner in Florida, you have probably noticed recent increases in your home insurance premium. As we addressed in a previous newsletter, the home insurance premiums in Florida are seeing significant upward pressure. In fact, in recent history the Office Of Insurance Regulation has been seeing a lot of requests for and […]
Floods can happen anywhere. Even if you don’t live near a large body of water, localized flooring or storm surge can occur. If water breaches your property, it can undermine the home’s structure not to mention damage the entire interior. As a result, the costs associated with flooding can add up fast. In fact, as […]
Most people don’t realize or often think about the fact that the average homeowner’s policy will have limits on certain types of personal property. In general, some of the most common areas that have limited personal property coverage include items like jewelry, cash, precious and semi-precious stones, and firearms. I want to speak specifically first […]
Very often we will get the question from clients about whether their auto insurance policy will provide coverage for them while they are in a rental vehicle. I generally always suggest that you have a specific conversation with your agent if there’s anything unique about the situation. The following is an explanation as relates to […]
How much does auto insurance cost in Florida? There are many factors that go into the cost of auto insurance. Some of them are obvious and you could probably guess like driving record and age, violations, for example if you’ve had accidents, et cetera, all affect your premium. Some of the other things that affect […]
Historically, for the State of Florida, a percentage of the dwelling coverage amount has been a common choice for hurricane deductible. And most often that percentage is 2%. So for example, if you have a home that’s insured for $300,000 as a replacement value or Coverage A also known as Dwelling Coverage, the deductible that […]
