One of the major costs of owning a home is properly insuring it. The cost of homeowners insurance can vary dramatically by state but regardless of where you live, you are most likely paying more for homeowners coverage than you did a few years ago. According to the National Association of Insurance Commissioners, home insurance rates […]
According to a recent Tallahassee Democrat article, the last five years have seen an explosion of lawyers, unlicensed public claims adjusters, and restoration companies that are posing as loss consultants to target and deceive homeowners who have had their homes damaged by hurricanes and other severe weather in Florida. These scammers show up in neighborhoods […]
If your home is located in a high-risk (or even medium risk) area for flooding, you will most likely need a flood insurance policy to full protect your home. You can purchase flood insurance through the National Flood Insurance Program (NFIP) or in the private market. Regardless of where you purchase your flood coverage, you […]
If you are in the market for a new home, one of the most important components of buying a house is finding the right homeowners insurance policy. Homeowners insurance is not only required by your lender, it’s a safety net in the event that something happens to your home. There are a few questions you […]
A recent analysis found that Florida’s property insurance market is “spiraling towards collapse” and needs immediate attention if there is any chance of protecting consumers and the property insurance market in the Sunshine state. The analysis was done by Guy Fraker of Cre8tfutures Innovation System & Consultancy. Fraker has worked with the insurance industry for 30 years. […]
Homeowners in Florida can look forward to yet another year of insurance increases in the Sunshine State according to a new Value Penguin article. Insurers have already started filing rate increase requests for 2021. Allstate has requested a 13.8 percent rate increase for the new year and other insurers are sure to follow shortly. Florida […]
Smart home devices have taken off in recent years and many homeowners are using them to help protect their home as well as make life a bit easier. These devices can monitor your home for not only intruders but water leaks, freezing temperatures and smoke and carbon monoxide. As smart devices have become more common, […]
In a recent Pittsburgh Post-Gazette article, John Sebak, owner of Sebak Insurance Agency in Natrona Heights detailed a recent claim he dealt with that involved a person working from home who was in a car accident that destroyed his work computer. The question the claim presented was does the employer’s insurance cover the laptop or […]
Wildfires have ravaged California this year which is leading to hundreds of thousands of residents not being able to find homeowners insurance or if they do, it is an expensive bare-bones policy. Many homeowners have been dropped by their regular insurance company as insurers pull out of the market in certain areas. The problem is […]
A recent Deloitte study found that while consumers remain fairly conservative when it comes to changes in consumer insurance products, they are also open to change, especially ones that give them more flexibility in coverages. The survey queried 1,000 U.S residents about the types of auto, home, and renters’ insurance concepts they’d prefer as well […]