Many of our clients ask us what insurance limits we recommend if money were no object. Keep in mind that Cronin Insurance can customize your insurance policy to match the budget you can afford. Here’s what we recommend you carry in each line of personal insurance, Auto, Home and Umbrella. Auto Insurance As far as …
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Here’s another article from our Insurance mentor, David Thompson of the Florida Association of Independent Agents. “My patience for people who discount the threat of a hurricane by saying, “It’s only a Category 1,” is growing very thin. While I’m not a meteorologist, as a Florida native I think I’ve learned enough about hurricanes to …
Read more “It’s Only a Category 1 Hurricane—I’m Not Worried”
Many people feel that if you carry high limits of Auto liability, other parties will just sue you for more money. That if you carried $10,000 Bodily injury minimum limits, They would take the $10,000 and be satisfied. But if you carried $100,000 in Liability, They would sue you for even more money. Not necessarily. …
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By David Thompson (David Thompson is our Insurance mentor from the Florida Association of Insurance Agents. We thought you would enjoy his take on the E-bikes and whether they would be covered on existing policies. Please note that this is not legal advice, but his ideas on the possibilities of coverage on existing insurance policies. PJC) …
Read more “The E-bike Craze—Insurance Disaster Waiting to Happen?”
For the most part, Solar Panels can cause complications when trying to purchase an insurance policy. The general rule of thumb is that you have to assume most companies won’t write them. Therefore you will need to mention that you have solar panels up front and they’ll let you know if they’ll write the insurance. …
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We are finally seeing some relief for the non-stop increases in Florida Home and Auto Insurance. As policy renewals come in, we are seeing rates flatten and even go down a little for the first time in years. Kudos to the Florida Legislature for creating meaningful reform to the fix the Litigation abuse we’ve seen …
Read more “Florida Insurance Prices Stabilizing – Some Even Going Down!”
Florida is indeed a “No-Fault” state when it comes to Car Insurance. If that is the case, why are you being charged for an Accident and Why is your insurance company raising your premium? It all boils down to the definition of No Fault, And what part of the Car Insurance policy it pertains to. …
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Many of us make a little extra cash by driving for Uber or Lyft? Whether its giving rides to passengers or deliveries to homes, the extra money can really help a family. But will your car insurance policy cover you while you are driving for Uber or Lyft? The simple answer is No. Your personal …
Let’s get right down to it. 20% or more increases in Car Insurance rates will be the norm for most people. Its not one thing causing these increases. Its more a perfect storm of issues putting pressure on Car insurance rates. Lets discuss a few of these, starting with the thousands of lawsuits filed every …
Read more “What Can We Expect in Florida Car Insurance 2024”
You’ll need to prove to Citizens that your policy covers a “Primary Residence”. If your home is not your “primary residence” you will face higher rate increases in the future. The Florida Office of Insurance Regulation (OIR) has approved an increase in the capping factor on policies for non-primary residences. This change will affect new …
