If you are shopping for a new home and are considering homes that have solar panels installed already, you probably have lots of questions. According to the Solar Energy Industries Association (SEIA), solar currently produces roughly 4 percent of all electricity in the United States. However, the SEIA sees that number growing dramatically, predicting that […]
Recently, a representative of the Insurance Information Institute (Triple-I) warned that a significant storm during this year’s hurricane season could lead to “a massive failure of Florida insurers that would be on a historic level.” Citizens Property, which is Florida’s insurer of last resort, currently has more than 907,000 policies and is expected to cross […]
Many of us are concerned about how the housing market will fare as interest rates head up and a looming recession takes hold. Will home values crash as they did during the Great Recession or will they simply stop rising and settle in at their current values. While no one can predict the future, Fed […]
In most states, home insurance rates are headed up this year and homeowners should be prepared for further rate increases before the end of the year. According to a recent S&P Global Market Intelligence report, over 177 insurance carriers have filed requests for rate increases in 43 states, Arizona alone has seen 34 rate increase requests. […]
If your home has recently experienced a fire, flood or burglary, you will want to file a claim with your homeowners insurance company. Once your insurer has approved your claim, you will be sent a claim check (minus your deductible) to repair the damage. Claim checks come in a variety of different ways, it is […]
In Florida, the loss of homeowners insurance has become a serious problem. You may not have been affected yet, but you might be in the future. A recent announcement by Southern Fidelity Insurance that they will be liquidating their company means that 78,000 homeowners insurance policyholders will lose their coverage. This new failure marks the […]
Imagine that a hurricane or other natural disaster destroys your home. One of the first questions you will have after recovering from the shock, is how much it will cost to rebuild your home and do you have enough insurance coverage to get the job done. If you are underinsured, you will be on the […]
Recently, Gov. Ron DeSantis sounded hopeful that a special legislative session that he called will help stabilize Florida’s failing property insurance market that continues to flounder as another insurance company is getting ready to cancel over 68,000 policies. “The good news is, on property insurance, I think we’re going to get really, really significant reforms,” […]
As hurricane season approaches, Florida lawmakers are headed back to the Capitol to deal with the property insurance market that is suffering from both skyrocketing premiums and numerous insurance companies going under. Republican Gov. Ron DeSantis said in recent press release “We’re not going to accept anything less than a very significant package” of changes […]
A standard homeowner policy protects your home, but it is made up of a variety of different parts, each one designed to protect a different section of your home or property. When it comes to the structure of your home, it is the dwelling coverage that steps up to protect your house. Keep reading to […]