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New Posts: Best Insurance Companies, Broward Commissioner Asking to Lower Rates & More!

If you are switching insurance companies, you should always check the financial strength of any insurer you are seriously considering. While an affordable premium is always a plus, if your insurance company cannot afford to pay when you file a claim, the savings will certainly not be worth it.  A.M. Best is a credit rating […]

A bill in the U.S. House called the Natural Disaster Reinsurance Plan, hopes to lower insurance costs for policyholders in states that opt-in to the program which will scale back the requirements regarding the amount of reinsurance that insurance companies need to purchase.  Currently, a Broward commissioner is asking Congress to pass legislation he claims […]

North Carolina is a fantastic place to live with plenty of cultural activities, beautiful beaches, world-class cities as well as great restaurants and shopping. The only disadvantage to living in North Carolina, particularly if your home is located in coastal area is the cost of homeowners insurance. The average premium for a standard homeowners insurance […]

Making renovations to your home can have a major impact on your insurance coverages as your risk profile changes. Adding square footage, putting in a swimming pool, outbuilding or upgrading your electrical may change the value of your home which could leave your underinsured.  Major upgrades such as adding square footage to your home or […]

Lawmakers in Florida are moving closer to allowing specific insurer types to make offers to policyholders currently with Citizen’s Property to insure their vacation or second home.  SB 1716 this week cleared the Senate’s Fiscal Policy Committee for the takeout offers after the Senate’s Banking and Insurance Committee approved the measure earlier this month.  This […]

More Florida Home Insurance News

News below is provided by FloridaHomeInsurance.com!

FEB 11, 2024

Florida homeowners may be in for a surprise when they receive their insurance renewals. While premiums have been rising in Florida for years, making it one of the most expensive states in the country for homeowners coverage, this time, insurers are raisin

JAN 17, 2024

According to Miami-Dade County Mayor Daniella Levine Cava, “homeowners and business owners in unincorporated Miami Dade will receive a 35% discount on their flood insurance premiums." The discount is due to the installation of a pump station at