How will rate increases affect water damage claims in the tri-county area?In response to the rising costs of water damage claims to insurers, state regulators approved rate increases on homeowners insurance. According to state records, one leading insurer, Federated...
Month: May 2016
Rate Increases Loom Large for South Florida Homeowners
How will rate increases affect water damage claims in the tri-county area?In response to the rising costs of water damage claims to insurers, state regulators approved rate increases on homeowners insurance. According to state records, one leading insurer, Federated...
Hurricane Wreaks Havoc on Cape Coral, Florida Causing Long Wait Times for Property Insurance Payouts and Repairs
How does a natural disaster affect property insurance wait times?Florida is known for its extreme weather. It usually comes in the form of hurricanes with heavy rain and high winds that devastate properties throughout the state. Early this year, however, one area of...
Florida Insurers Seek to Expand List of “Ineligible Risks”
What risks may no longer be covered by property insurance policies?It is not uncommon for insurers to refuse to insure homes with certain risky features--a temperamental dog, a very old roof, or perhaps a trampoline in the back yard.Florida insurance companies are now...
Homeowner’s Insurance Soon to be Available Online in Florida
Is buying insurance online good for the insured?We have all seen and heard the commercials -- get a quote online! Sign up online! Save time and money by getting insurance online! It is no longer a necessity to meet with or even call an agent in order to get insurance...