Buying homeowners insurance for the first time (or even the 10th time) can be confusing. Unfortunately, it is very important that you get it right as homeowners insurance can be a financial lifesaver if your home is severely damaged or destroyed by a covered peril. If this is your first time buying homeowners insurance or you […]
Identity theft protection is simply a term that includes a variety of services that help customers protect themselves from the illegal capture and use of their personal data. This can include personal details such as your name, birthdate, and Social Security number. This information can be used to steal your money, open credit cards in […]
Pets can be expensive and vet bills can be shockingly expensive, particularly for emergency care or surgery which is why many pet owners purchase pet insurance to help defray some of the costs associated with pet ownership. Keep reading to learn everything you need to know about pet insurance and how it can help keep […]
As inflation continues to rage, it could impact the amount of insurance coverage you need to carry to make sure you can rebuild your home if it is damaged or destroyed by a covered peril. According to a report from CoreLogic, the cost of building new houses is skyrocketing due to higher material and lumber […]
It looks like another homeowners insurance company is in trouble in Florida. Recently, FedNat Holding Company, which sell homeowners insurance and other insurance products under the name FedNat Insurance Company, was downgraded from A to S by Demotech, a consulting company that rates the financial health of insurance companies. According to Demotech, an A rating […]
If you’re in the market for a new home, your real estate agent or mortgage lender may mention private mortgage insurance (PMI). Private mortgage insurance is often required for a standard mortgage if you have less than a 20 percent down payment but there are programs available that can eliminate the need for or drastically […]
Recently, the California Insurance Commissioner Ricardo Lara proposed a regulation that would not only stop insurance companies from overcharging homeowners who have done wildfire mitigation to reduce their risk of wildfires but would also require insurers to take these mitigation efforts into account when deciding on a premium or whether to insure a specific property. […]
Interest rate hike due to inflation percentage rising up, FED, federal reserve or central bank monetary policy, economics or loan concept, businessman archery percentage arrow high up into the sky. There is a good chance that your homeowners insurance premium will be headed up this year. According to a recent S&P Global Market Intelligence report, homeowners […]
While Florida has not seen a major storm since 2018, homeowners insurance rates continue to rise and the majority of the blame can be put on door to door roof replacement schemes that result in denied claims, lawsuits and ever increasing homeowner insurance rates. The state-run insurer of last resort, Citizens Property Insurance Corp is […]
Florida has long been a favorite of retirees due to their lack of income taxes and pleasant weather. However, home insurance rates in Florida have been skyrocketing for years and the high cost of insuring their retirement home is impacting retirees in the Sunshine State. According to a recent statement by Mark Friedlander of the […]