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 …
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 …
Have you received the mail yet? In particular, the renewal of your Car insurance? Let me guess. They raised your rates again. When will it stop? And what can you do about it? First: Check Your Current Policy for Discounts The best way to combat rising car insurance rates is to check the discounts on …
Its that time again when Citizens Property Insurance reduces the number of policies on their books by using the Take-Out program. Every few years, private insurance companies in Florida go out of business or stop writing new business here. This forces new policies to be written into Citizens and swells its exposure to claims. Since …
The My Safe Florida Home program can reimburse you up to $10,000 for a new roof or other hurricane-proofing improvements.
Hurricane Season is Here. Don’t wait to Buy Flood Insurance. Natural disasters can strike anytime and anywhere, leaving people homeless and helpless. Floods are a major disaster that can cause significant damage to your property and belongings. The recent storms in Ft Lauderdale proved that flooding is not caused by Hurricanes only. Flood insurance can …
There’s a “Flood” of changes coming to Citizens Property Insurance in April. Here’s what you need to know. The Special Session in 2022 was called to solve a major problem for Florida A special session of the Legislature was called by Governor DeSantis to deal with Florida’s Property Insurance crisis in 2022. Private Insurers were …
Big changes (and increases) coming for Florida home insurance in 2023. Can we stop the bleeding? Will there be any insurance relief for Florida Home Insurance in 2023? When will the legislature’s new package start to help lower rates? Will Citizens’ new policies make it easier to get in? Is there anything we can do …
