The Realities of Self-Insurance: A Sophisticated Risk Management Assessment

With the mounting costs of homeowners and property insurance, many are considering self-insurance as a potential solution. As risk managers, we believe self-insurance can be a viable option in certain contexts, but when does it transform from a calculated decision to a hasty impulse? Before we delve deeper into self-insurance, let’s discuss when self-insurance is not a Learn More “The Realities of Self-Insurance: A Sophisticated Risk Management Assessment”

Summer Home Energy Savings

Beat the South Florida Heat — and Your Air Conditioning Bill — This Summer Did you know that, according to the U.S. Department of Energy (DOE), Americans spend about $11 billion each year on air conditioning? That might not be such a surprise if you’re the one who writes the check for your household energy bill every Learn More “Summer Home Energy Savings”

Homeowners Insurance Coverages

Homeowners Insurance policies can be confusing and have many different sections and coverages. We’ve explained some common types of coverages you can choose from when applying for homeowners insurance in Boca Raton. Personal Liability Coverage In a very litigious society, you can’t be too sure whether or not someone will sue. Let’s say your son Learn More “Homeowners Insurance Coverages”

The State of Florida’s Insurance Market: Welcome to the Thunderdome

Below is a reprint of a recent agent’s newsletter from Olympus Insurance Company. Olympus is a leading provider of Homeowners Insurance in Florida. The newsletter provides excellent insights into the current Homeowners Insurance crises. Olympus is a valued partner of our agency and we appreciate Olympus’s approval to share this confidential document. State of Florida Learn More “The State of Florida’s Insurance Market: Welcome to the Thunderdome”

Insurance Problems for Older Homes

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”