The Florida homeowners market has been in turmoil for years. Sky-high premiums have become the norm due to fraud and lawsuits by less than honest roofing companies. Florida currently has some of the highest homeowner insurance rates in the country and while there is some good news on the horizon, there is plenty of bad […]
Homeowners Insurance Blog
Top 10 BEST Cities to be a Single Homeowner
According to the National Association of Realtors, roughly 28% of home buyers are single individuals. While buying a home as a single person can be intimidating, it is not as difficult as many people might think, and some cities make it easier for single homeowners. In a recent article, Insurify’s data scientists reviewed and rated […]
Florida’s failed home insurance market continues, will Louisiana be next?
The Louisiana Legislature, in a special session last week passed and funded legislation that is designed to deter insurers from leaving the Louisiana homeowners market. Recent hurricanes have caused financial stress for insurance companies operating in the state. In addition, several insurers have gone into insolvency. Experts have made comparisons between the Louisiana insurance market […]
Florida Has a New Property Insurance Law – Will it Benefit Homeowners?
The Florida homeowners insurance market has been in trouble for years now and the recent hurricane season that resulted in Hurricane Ian hitting the west coast of Florida and Hurricane Nicole hitting the east coast weeks later certainly hasn’t helped. Insurers that have been struggling for years had a hard time covering all the claims that came out […]
How to Find a Great Homeowners Insurance Company
Purchasing a home is a major investment and protecting it with homeowners insurance is an absolute must. However, there are differences in insurance companies and just like every other consumer product, some insurers will be a better fit for your needs than others. Finding the right insurance company can take some time and research so […]
Best Way to Read Your Home Insurance Policy
Purchasing home insurance is an absolute necessity and is an important part of your financial portfolio as a homeowner. Understanding the coverages that your policy provides is also extremely important. While a home insurance policy can seem complicated, they are typically pretty standard and not that mind bending if you have a basic understanding of […]
Will Florida’s High Homeowners Insurance Premiums Continue in 2023?
According to the Insurance Information Institute, the pain Florida homeowners have been feeling in recent years regarding sky high homeowners premiums will continue in 2023. The Insurance Information Institute is predicting an average increase of about 40% this year for Florida homeowners. This is despite the fact that Florida lawmakers approved sweeping reforms in a […]
Top 5 Things You Should Consider Before Moving
Moving is difficult, and there are certainly different degrees to it. A short move across town is a lot easier and less expensive than moving an entire household across the country. There is a lot to consider when planning a move, everything from the cost of living in your new location to where you will […]
2023 – California’s recent storms – Is my home covered by insurance?
California has recently been hit by a shocking amount of punishing winter weather that has triggered flooding as well as mudslides across vast areas of the state. The weather has led to evacuation orders as well as damaged homes. Unfortunately, for many homeowners, the damage may not be covered by their homeowners insurance. In most […]
Will my home insurance cover roof replacement?
The answer to the question “does insurance cover roof replacement,” is not always clear cut. In most cases, it will depend on the reason that your roof needs to be replaced. If your roof has simply reached the end of its life, the cost to replace it will fall to you. On the other hand, […]