Citizens Property Insurance – The necessary evil?
As most Florida homeowners know, Citizens Property Insurance is the state-run insurer. As a Florida Insurance company, I’ve heard many differing opinions about Citizens Property Insurance. Some Florida Homeowner clients of mine have told me they want to be insured with Citizens because they believe them to be financially stable. I’ve also heard Florida Homeowners state that they...
Read MoreHurricane season is upon us
As you may have heard through TV, print ads, radio, word of mouth or email; hurricane season has officially started. And forecasters predict an active or extremely active season in 2013. What interests me as a Florida Home Insurance Company is the wide variety of reactions I hear when people discuss hurricane season. They range from people who shrug it off as nothing more than some extra...
Read MoreSenate panel unveils draft bill overhauling property insurance market
The Senate Banking and Insurance Committee released the rough sketches of a bill imposing massive changes on the property insurance market Wednesday, attempting to move as much of the state’s risk into the private sector as possible. As drafted, the bill: * reduces the size of the Florida Hurricane Catastrophe Fund, * allows private companies to share the risk of individual policies with...
Read MoreFlorida Home Insurance and the Flood Insurance Exclusion
Most Florida Homeowners are unaware that their policies do not cover damages caused by flood. Damage to property caused by flooding are covered through flood policies offered through the National Flood Insurance Program. Focus Insurance Group offers such policies, with rates starting at $129 per year. Preferred Risk Policies are available to those whose homes are located in moderate-to-low...
Read MoreBreak-ins and what Florida Homeowners can do to stop them (Part 1)
You hear of read about it almost every day. Crime statistics show that a home is broken into almost every 13 seconds. Here are a few things you can do to make sure it doesn’t happen to you. 1. Harden the Target- Lock your doors. As easy as it sounds, some people still keep their doors unlocked. Use a heavy-duty deadbolt with a one inch throw bolt. When you move into a new house or...
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