Part 1 – Homeowners Insurance Policies The past year has brought with it several challenges that were unforeseen but has also granted us with the opportunity to slow down, think about the things we value, appreciate the time we are able to spend with our loved ones, and perhaps most importantly, adapt and ensure we Learn More “Updating Your Important Documents Annually”
Insurance premiums on older homes are skyrocketing and policies are becoming difficult to obtain. The available insurance market for homes built pre-1995 is disappearing by the day. Most insurance companies will no longer insure homes over 30 years of age in South Florida. Many carriers will only accept new business on homes less than 10 Learn More “Insurance Problems for Older Homes”
Homeowner’s insurance rates in Florida are continuing to put a financial burden on residents. We can all thank several firms and lawyers fueled by their own greed and a lack of concern for Floridians. Ron Hurtibise, a reporter for The Sun-Sentinel has been following the Florida insurance market and the litigation affecting all of us. He’s Learn More “What’s Happening in the Florida Insurance Market?”
Floridians are being impacted by the rising costs of construction and construction materials (and the costs trends will continue to rise). In the past 6 months construction costs have exploded, in part as a result of supply shortages and Covid shutdowns. Nowhere is this more evident than in the cost of building a single-family home. Learn More “The Rise of Construction Costs”
Most people realize that accidents, where you are determined to be at fault and tickets from traffic violations, increase the cost of your auto insurance. Likewise, an alarm system, impact glass windows for hurricane protection, or a new roof helps lower the cost of your Homeowners Insurance. However, do you know the effect your insurance Learn More “What is an Insurance Score and How Does It Affect My Premium?”
Three Reasons Why Homeowners Insurance Premiums are Exploding If you own a Florida home or a condominium, you may have seen a large increase in your Homeowners Insurance premium. Bad news: You will see another significant increase again next year. Why? There are three major reasons why premiums have exploded and will continue to increase Learn More “Three Reasons Homeowners Insurance is Exploding in Florida”
We get it. Most people aren’t excited to purchase insurance but realize the importance of protecting their assets and, in turn, their peace of mind. We’re sure you’ve dealt with insurance providers that simply want to make their commission and don’t seem to want to educate you on your needs and your coverage options. We Learn More “Homeowners Insurance: Tips for Lowering Your Premium While Staying Properly Covered”