Universal Property and Casualty continues to grab more of the South Florida insurance market a mere 15 months after dethroning Citizens Property Insurance Corp. as largest insurer of property in the southern part of the state. Universal, which is based in Fort Lauderdale, managed to add 29,560 residential and commercial policies in the tri-county region […]
Insurance can be expensive and in many cases it is a product that is seldom used so it may be tempting to find the lowest priced policy and call it a day. This can be a huge mistake if you ever have to make a major claim. Cheap insurance policies often leave you under protected […]
Citizens Property Insurance has delayed the decision on their rate hikes for 2019 and is planning to hold public meetings to gather input on the assignment of benefits issue which many insurers claim is the main cause of rate hikes in recent years. Citizens President and CEO Barry Gilway announced Tuesday that the insurer is […]
The non-stop rains and massive flooding that was caused by Hurricane Florence is expected to take a major financial toll on homeowners that live in North Carolina and surrounding states due to the lack of flood insurance. Only a small percentage of homeowners in the area were carrying flood insurance that would help offset the […]
The latest estimates put the property damage totals from Hurricane Florence at $17 to $22 billion and unfortunately the pain is not going to stop there for many homeowners. The aftermath involves cleaning up, filing insurance claims and rebuilding or repairing their home and lives. Adding to the bad news is the fact that the […]
Hurricane Florence did a massive amount of damage to the Carolina’s and homeowners are just starting to dig through the aftermath. While insurance should help homeowners rebuild, a couple of state tax rules could help homeowners save a bit of money and get back on their feet quicker. Here are a couple of tips offered […]
Car and home insurance can be expensive, but it is an absolute necessity to protect your assets. Regardless of whether you are insuring your home or car, finding the best coverage at an affordable price is everyone’s goal. There are a number of strategies you can employ to save money on both your homeowners and […]
According to a recently released J.D. Power survey, one in five consumers claim they would use Amazon or Google for their homeowners insurance. There are have been rumors that the two tech giants may be considering an entry or in the case of Google, a reentry, into the insurance market although neither has confirmed those […]
Over the last few years Colorado residents have seen their insurance rates headed up. According to industry data, rates for homeowners have gone up 67 percent while drivers have seen rates climb 52 percent. Unfortunately, due to three hailstorms that hit the Front Range recently, insurance costs could be going up again. The recent hailstorms, […]
Firearms can be tricky when it comes to homeowners insurance. While most insurers are not concerned whether you own a gun or not, there can be coverage issues if you accidentally shoot someone, leaving you on the hook for medical bills and the cost of any lawsuits. Below is what you need to know about […]