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Florida’s Windhaven Insurance is Ceasing all New and Renewal Business

04 Mar
windhaven-insurance

Another sign of Florida’s troubled property insurance market popped up this week as Windhaven Insurance alerted employees and agents that it is winding down and its assets are being foreclosed on by their lender who will eventually sell the company to another insurer.  Windhaven’s problems extend beyond Florida, Windhaven National Insurance Co. which is a […]

Floridas Private Flood Insurance Market

02 Mar
florida-flood-insurance-market

Over the last 50 years, homeowners in Florida that needed a flood insurance policy had only one real options, purchasing coverage from the federal National Flood Insurance Program (NFIP). Florida residents were a big supporter of the NFIP, accounting for over a third of the policies being sold. However, due to changing flood maps, more […]

Homeowners in Florida May be in for a Rate Increase in 2020

27 Feb
florida-rate-increases-2020

Homeowners in Florida may be in for a price increase in 2020, despite the fact that lawmakers passed an assignment of benefits reform bill las year. Insurers are requesting major price increases this year, it looks like the prediction of higher insurance rates after Hurricane Irma is finally here. Executives from National Specialty Insurance Co., […]

Florida Homeowners Shifted to a Different Insurance Company

26 Feb
florida-homeowners-rates

Florida’s property insurance market hit a new snag this month as tens of thousands of people will be shifted to a different insurance company in the spring due to the insurers financial trouble.  Insurance regulators announced on Monday that they had reached an agreement to move 43,000 policyholders from Anchor Property and Casualty Insurance Co. […]

What is Wedding Insurance?

21 Feb
wedding-insurance

If a wedding is in your near future, you may want to consider a wedding insurance policy. Regardless of whether it is your wedding or a child’s nuptials, unpredictable weather, fires, venue closures and a long list of other issues can end up ruining the magical day, leaving you with some major bills and not […]

It Doesn’t Matter Who Owns the Tree

20 Feb
tree-falls-on-house

Winter often brings heavy snow and strong winds which can damage or even knock down trees. If a tree comes down and damages your house, your homeowners insurance will step up to cover the damage, regardless of whether it was your tree or it came from your neighbor’s yard. A standard homeowners policy will cover […]

What is a Business Owners Insurance Policy?

19 Feb
business-owners-insurance

A business owners insurance policy, which is also known as BOP insurance, is a policy that combines business liability and property insurance in one easy to purchase package. It is a popular coverage with small and medium sized businesses. It can be useful for businesses such as retail stores, contractors, restaurants and even wholesalers.  Just […]

Texas Homeowners Discover Fault In Their Home Warranty

05 Feb
texas-home-warranty

Texas homeowners are finding out that their home warranty may not be there when they need it the most. According to a recent Click2Houston.com article, Houston resident Jena Goetz learned a hard lesson about home warranties when her air conditioner system went out last summer. The repairman sent by the warranty company claimed she needed […]