The majority of us need to take out a mortgage to purchase a home and in many cases it will be the biggest loan we will ever have. This makes your mortgage one of your most important financial instruments and making decisions about it can have a major impact on your financial life. Deciding whether […]
The roof is one of the most functional and important parts of your home. It helps keep you safe, dry and out of the weather which is why making sure it is properly protected by your homeowners insurance is key. There are a few things you should know about roof coverage to make sure you […]
As we enter the spring storm season it is a good time for homeowners to review their insurance policies and have a complete understanding of their coverage before a major storm hits. It is important to make sure you have a full understanding of what coverages you have as well as any gaps that may […]
According to data from the Texas Windstorm Insurance Association (TWIA) and the Texas Fair Access to Insurance Requirements Plan (FAIR Plan) Hurricane Harvey resulted in 670,000 property insurance claims to private insurance companies. This number takes into account both personal and commercial properties. Breaking down the numbers even further found that roughly 354,000 of these […]
Gun owners in Florida and across the country who are looking for specialized firearm insurance may have fewer options following the shooting massacre that occurred in Florida recently. Chubb insurance company recently announced that they would no longer be offering an insurance policy for gun owners called NRA Carry Guard. This insurance product, which is […]
In 2017 there were seventeen named storms that ended up hitting the United States. These storms caused over $200 billion in damage, which makes it a record setting year and much of the damage was caused by flooding due to heavy rains that continued for days in some areas. While private insurance companies stepped up […]
A new report from the Florida Office of Insurance Regulation (OIR) says that the Assignment of Benefits (AOB) abuse that has been going on in Florida for several years is only getting worse. According to the most recent OIR data concerning homeowner claims that involved roof and water damage, the frequency of water claims per […]
There is only a month left in Florida’s 2018 legislative session and there’s been little movement on legislation that will help solve the Assignment of Benefits (AOB) crisis that has been causing trouble for years in the Florida property insurance market. While assignment of benefits have been around for a long time, in recent years, […]
The Tax Cuts and Jobs Act was signed into law on December 22, 2017 and rewrites large portions of the tax code for both businesses and homeowners. We thought we would take a look at how these changes will impact homeowners. This article is an overview of the coming changes and is in no way […]
It’s possible that the recent tax cut bill passed by Congress could end up lowering your insurance rates as well. Two separate consumer groups are calling for a premium cut for consumers and businesses across the nation. They are asking for an average 5% premium decrease because the new tax bill has slashed the corporate […]