Imagine this: A hailstorm rolls through town and does serious damage to the siding on your house. The hail only damages one side of your home while the other three are just fine. Your insurance company agrees to replace the damaged siding but when the repairs begin it turns out that the color of your […]
Most of us file our homeowners insurance policy in the back of the filing cabinet until we need to make a claim. In many cases, that policy will stay in the filing cabinet and out of sight for quite a long time as the majority of homeowners rarely make a claim on their policy. According […]
In October, roughly 50,000 Palm Beach County properties will be reclassified as either touching or being in a flood zone, which could dramatically change the cost of their homeowners insurance. However, a new map that was made available this week on a county website is leaving many homeowners confused and unsure about where their property […]
Roughly a decade ago hurricane Charley, Francis, Ivan and Jeanne hit the coast of Florida in one year and caused $45 billion in property damage. As a result many of the nations largest insurance companies pulled out of the Florida market altogether. There were a number of years before they returned, and premiums were definitely […]
Florida’s Chief Financial Officer, Jeff Atwater recently addressed lawmakers and stated that the assignment of benefits insurance practice must be addressed as it continues to drive up homeowner insurance rates in Florida. While lawmakers looked at the problem this spring they could not agree on changes so nothing was done about a practice that insurance […]
When it comes to home ownership, the cost of your mortage is just one of many expenses you will need to factor into your monthly bills. While closing costs and the 20 percent down payment your mortgage lender will require are big upfront expenses, often it’s the smaller, ongoing bills that make a house truly […]
Hurricane season is just around the corner and last year’s extremely active season was a major wake-up call for residents of Florida, North Carolina and other coastal states. In order to help Florida residents make sure they are prepared, People’s Trust Insurance recently released a hurricane preparedness guide to help their customers and homeowners in […]
We love our guns in America. According to statistics, there are roughly 371 million firearms owned by private citizens and domestic law enforcement in the United States. When it comes to firearms and insurance there can be major gaps in your coverage, which can leave you holding the bag if your firearms are stolen, damaged […]
According to a recent survey from the national Association of Insurance Commissioners (NAIC), less than 22% of homeowners view changing weather patterns and disasters as a major factor when updating their homeowners insurance policy. As disasters and severe weather become more and more common, the NAIC recommends that consumers consider the risk these storms present […]
Selling a house can be difficult but it’s a necessity if you are moving your family to a new city or town, or just want a new place to call home. Despite the difficulty, plenty of us will be putting our houses on the market this spring. According to the National Association of Realtors (NAR) […]