Many Floridians are having a harder time getting homeowners' insurance. Not only have premiums been rising faster than before, but simply finding the right insurance for your needs—or a carrier that will work with you—is becoming more difficult across the state.
Every homeowner, condo owner, or renter should have a home inventory list. Even though no one expects to lose their possessions, the truth is that you never know when a disaster or burglary could occur.
According to a new report commissioned by insurers, lawsuit-reform groups, and state representatives, it's primarily an out-of-control litigation economy that is causing Florida's insurance market to be pushed to the brink of collapse.
It may not be a surprise that Florida homeowners already pay some of the highest insurance rates in the country. Unfortunately, they will also need to prepare for further increases in their premiums beginning on the next policy renewal. Here are some of the reasons contributing to the inevitable rise of insurance costs here in the Sunshine State.
Many homeowners do not know that their homeowners' insurance does not cover flood damage. With nearly 20 percent of flood claims from areas that are considered low-risk regions it highlights the need for owners to discuss with their agent the inclusion of a flood policy for their protection.
Hurricane season is from June 1st through November 30th, and in Florida experts are predicting a very active hurricane season, much like 2018. May is hurricane preparedness month and we have some tips to keep you and your home safe and secure.
If you own a home or business in Florida, you understand how important having adequate insurance is in the event of a natural disaster. But a recent report from the Insurance Information Institute found that many people are unclear about what is and isn’t covered in their homeowners’ insurance.