Homeowners Insurance Blog

Florida 2022 Home Insurance Market Getting Worse Before Better

23 Jun
Bonita,Springs,,Florida,-,March,27,,2019:,New,Luxury,Real

In Florida, the loss of homeowners insurance has become a serious problem. You may not have been affected yet, but you might be in the future. A recent announcement by Southern Fidelity Insurance that they will be liquidating their company means that 78,000 homeowners insurance policyholders will lose their coverage. This new failure marks the […]

Florida’s Gov. DeSantis is Hopeful to Stabilize Failing Property Insurance Market

31 May
florida-gov-desantis

Recently, Gov. Ron DeSantis sounded hopeful that a special legislative session that he called will help stabilize Florida’s failing property insurance market that continues to flounder as another insurance company is getting ready to cancel over 68,000 policies. “The good news is, on property insurance, I think we’re going to get really, really significant reforms,” […]

Florida Homeowners Paying Higher Than Normal Rates

26 May
Tired,And,Disappointed,Senior,Man,Working,In,Home,Office,With

As hurricane season approaches, Florida lawmakers are headed back to the Capitol to deal with the property insurance market that is suffering from both skyrocketing premiums and numerous insurance companies going under. Republican Gov. Ron DeSantis said in recent press release “We’re not going to accept anything less than a very significant package” of changes […]

Dwelling Insurance Coverage Guide

16 May
Happy,Couple,Moving,House,And,Taking,Measure,Together,For,The

A standard homeowner policy protects your home, but it is made up of a variety of different parts, each one designed to protect a different section of your home or property. When it comes to the structure of your home, it is the dwelling coverage that steps up to protect your house.  Keep reading to […]

Lawmakers return to Tallahassee Florida to Address Property Insurance Prices

13 May
charlie-crist-florida-district

Later this month, state lawmakers plan to return to Tallahassee for a special session to address property insurance. In addition, there is a federal effort to also examine the issue of property insurance prices in Florida. U.S. Rep. Charlie Crist, a Democrat from St. Petersburg who is currently running for Florida governor plans to file […]

Top 4 Mistakes to Avoid When Buying a Homeowners Insurance Policy

05 May
Young,Hispanic,Woman,Holding,Number,Four,Doing,Ok,Sign,With

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 […]

What is identity theft protection?

03 May
Portrait,Of,Attractive,Asian,Woman,Looking,Outside,Window,And,Smiling

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 […]

Inflation Can Impact the Coverage You Need to Rebuild Your Home

28 Apr
Family,Protection.,Mom,And,Dad,Making,Roof,Of,Hands,Above

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 […]