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 […]
It’s Only a Category 1 Hurricane—I’m Not Worried Read More »
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.
Why You Should Carry Higher Limits of Auto Liability Read More »
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)
The E-bike Craze—Insurance Disaster Waiting to Happen? Read More »
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.
Will Solar Panels Put Your Home Insurance At Risk? Read More »
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
Florida Insurance Prices Stabilizing – Some Even Going Down! Read More »
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.
Why is my Accident At Fault in a No-Fault State? Read More »
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
Are you covered when you work for Uber or Lyft? Read More »
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
What Can We Expect in Florida Car Insurance 2024 Read More »
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
Citizens: Get Ready to Prove Your Residency Read More »
Here’s an article that explains our high insurance rates from someone who has been at the forefront of the Insurance Industry in Florida for 40 years. WHAT FACTORS CAUSE FLORIDA’S HIGH INSURANCE RATES By David Thompson, AAI, CPCU, CRIS Whether it’s auto or home insurance, price is a significant consideration with any household budget. This article
Why are my Insurance Rates so High? Read More »
11419-H West Palmetto Park Rd
Boca Raton, FL 33428
Located in the Shoppes of Loggers Run, 1 mile west of 441 (SR-7) on Palmetto Park Rd.
