Q&A What are 3 Common Home Insurance Myths?
How much do you know about homeowner's insurance coverage? If you are like most people, you have a policy but aren't quite sure what it covers Unfortunately, this lack of knowledge by the general public has caused some ugly misconceptions about insurance to spread -- myths that could cost you and...
What are the auto insurance requirements in Florida?
In Florida, all drivers are required to have two types of auto insurance coverage: Personal Injury Protection (PIP): Florida is a "no-fault" state, which means your own insurance company will cover your medical expenses and lost wages regardless of who is at fault in an accident. The minimum PIP...
Top Reminders for Teen Drivers
Top Reminders for Teen Drivers If there's one thing that research points out, it's that teens are, literally, the worst drivers. According to the CDC, motor vehicle crashes are a leading cause of death for teenagers, and the risk of motor vehicle crashes is higher among teens aged 16-19 than among...
Florida Governor Supports Liability Protection
Florida Governor Supports Liability Protection As we’ve reported over the summer, work has continued behind the scenes among some Florida legislators and other elected officials to craft a bill that would provide liability protection for businesses related to the coronavirus pandemic. Now,...
Hurricane Sally left 500,000 without power!
Hurricane Sally left 500,000 without power! Hurricane Sally came through! The most severe wind damage seemed to be limited to areas near the coast or open bay waters. What I saw was mostly minor damage to roofs and siding, seldom structural, let alone catastrophic. At one point though, more than...
Important Developments Regarding PIP Insurance
Important Developments Regarding PIP Insurance PIP insurance or Personal Injury Protection, has the world of motor vehicle insurance providers on tenterhooks as the Supreme Court rules against an insurance company and in favor of the Florida Hospital Medical Center in the 5th District Court of...
Insurance Company Loses AOB Argument
The Florida Supreme Court is being asked to weigh in again on an insurance claims case involving an Assignment of Benefits (AOB) contract between a contractor and a homeowner. It follows a recent ruling by Florida’s Fifth District Court of Appeal against an insurance company that refused to make...
Fact file: Florida hurricane insurance facts
Fact file: Florida hurricane insurance facts June 2020 Six of the 10 costliest hurricanes in U.S. history have impacted Florida. Three of these storms occurred within just two years: 2004 and 2005. The costliest hurricane, based on insured property losses to Florida, was 1992’s Hurricane Andrew....
Florida renewals a “perfect storm” of challenges
Florida renewals a “perfect storm” of challenges, warns Demotech 20th May 2020 - Author: Matt Sheehan Financial analysis firm Demotech has warned that the Florida reinsurance renewals will bring a myriad of challenges for the market, with COVID-19 issues piling on top of a shortage of retro cover,...
Six Ways to Lower Your Homeowners Insurance #4
Six Ways to Lower Your Homeowners Insurance - #4 The cost of homeowner’s insurance is one of those unavoidable expenses that comes along with owning a house. How much you’ll pay for insurance varies depending on your location and the age of your home. It can feel like a big expense, but knowing...