The foundation is one of the most important components of your home. It is the base layer that the rest of the house sits on and if it is compromised it can lead to a dangerous situation and an expensive repair. Unfortunately, in many cases, the most common causes of foundation damage are not covered […]
A recent report from Javelin Strategy & Research found that in 2017 there were 16.7 million victims of identity fraud. Identity thieves managed to steal roughly $16.8 billion and almost 30 percent of U.S. consumers were notified of a data breach. Identity theft can wreak havoc on your credit rating and finances. It can take […]
When shopping for a homeowners insurance policy you may be asked whether you want an actual cash value or replacement value policy. Many homeowners are unaware of the difference in these types of policies and that confusion can result in a costly mistake. We thought it might be a good idea to have a look […]
Homeowners insurance covers a lot of perils, most of which are fairly common and well known. Your policy will definitely step up if your home is damaged during a storm, burns down or suffers hail damage but it also covers a variety of damages that many homeowners do not know about. Here is a quick […]
As the National Weather Service kicks off Hurricane Preparedness Week (May 6–12), a new study found that over half of homeowners in Florida fail to take the recommended precautions to protect their homes against hurricane damage. The survey asked Sunshine State residents how they prepare their home for hurricane season. Unfortunately, less than one in […]
As homeowner insurance rates continue to climb in Florida there is a good chance that you have seen news reports about assignment of benefits (AOB) fraud and how it affects homeowner rates in the Sunshine state. We thought it might be a good idea to have a look at what an AOB is and how […]
Gavop, a real estate, housing news, and research service recently examined the latest information being released from the Florida Office of Insurance Regulation and found that insurers across the state (but especially in the Miami-Dade area) are charging drastically different premiums for homes that fall into the same value range and location. In the Miami-Dade […]
While your current house may have been your dream home back when you bought it, over the years, as your family grows it might not fit your needs as well. You may need more room, more bathrooms or probably both but instead of putting it on the market and shopping for new home, you may […]
The state-run Citizens Property Insurance Corp, who deals mainly with hard to insure properties across the state of Florida came a bit closer to finally capping repair costs for non-weather related water damage for customers who refuse to use their preferred contractors. The Board of Governors recently approved a plan that will put a $10,000 […]
The legal dispute between the N.C. Rate Bureau (NCRB), which represents insurance companies in North Carolina, and the N.C. insurance department has come to an end with a statewide average increase for homeowners insurance coming in at 4.8 percent. This is significantly lower than the 18.7 percent that was originally floated back in November. The […]