Blog – All About Insurance

Representation of attorney fees driving up cost for home insurance free quote

AM Best Special Report on the State of the Florida Insurance Market

In recent years, instability in the Florida insurance market has led many home insurers and reinsurers to pull out of Florida altogether. This has made getting homeowner’s insurance in Florida hard to get and expensive. The major cause is frivolous lawsuits caused by one-way attorney fees. The AM Best Special Report explains the current state of […]

Drivers covered by Jacksonville auto insurance

Why It’s Important to Understand Auto Insurance Coverage Options

In Florida, many people purchase only the state-mandated minimum auto insurance coverage, but do you understand what minimum coverage means? It is important for Florida residents to understand how auto insurance works and how to ensure that you have the best auto insurance coverage to protect you. Sometimes, getting the bare minimum mandated insurance coverage leads […]

Person assessing home insurance rate for property coverage

What Factors Affect My Homeowner Insurance Rates?

Several factors can influence your homeowner’s insurance rates. Here are some of the key ones: Location The home’s location significantly impacts your premium. The home insurance coverage costs will be higher if it’s in an area prone to natural disasters (such as hurricanes, torential rain, windstorms, or tornados). Home’s Replacement Cost This refers to how […]

Woman working with Jacksonville auto insurance expert

How to Save Money on Auto Insurance Premiums

Most of the time, the number one factor auto insurance buyers consider is cost. However, you have to carefully weigh the insurance cost with the level of service you receive from your auto insurance agency. That being said, you can lower your monthly auto insurance premiums in several ways. Shop Around Don’t go with the […]

Homeowner needing insurance for building a new house

Why You Need Insurance for Building a New House

Most people don’t consider the need for insurance coverage during the construction of a new home and believe that their builder will cover any damages or losses during the process. But this isn’t always the case. What is a Builder’s Risk Policy? A builder’s risk policy is a type of homeowners insurance that protects the building […]

Teen driver using Jacksonville auto insurance

Car Safety Tips for Teen Drivers

Auto insurance premiums for teenage drivers are extraordinarily high. National Highway Traffic Safety Administration (NHTSA)’s Young Drivers Traffic Safety Facts data shows that 2,116 drivers aged 15 to 20 died in traffic crashes in 2021, an increase of 11 percent from 1,899 in 2020. Young drivers, while only comprising 5 percent of all licensed drivers in 2021, […]

Dock needing property coverage in Jacksonville, Florida

Jacksonville Insurance Agency Identifies Causes of Florida Insurance Premium Increases

As premiums for both home and auto insurance rise, and the rate that they have been increasing for Florida residents accelerates, there is a need for answers as to why this is happening and what the average Florida insurance buyer needs to know to help mitigate these costs. “Florida residents want to know why their insurance […]

Storm: One of the causes of high property coverage premiums in Florida

What Factors Cause Florida’s High Insurance Rates

What Factors Cause Florida’s High Insurance Rates By David Thompson, AAI, CPCU, CRIS Executive Summary In 2022, almost 1,200 people per day moved to Florida. They brought more vehicles here, drove more miles, and caused more accidents that resulted in more claims costs to insurers. They built more new houses that increased the “structure density” in […]

Insurance experts say knowledge is power

(Insurance) KNOWLEDGE is Power!

As insurance professionals, our job is to educate and guide our clients. We have always strived to share our knowledge and experience with all of our clients. We want you to be knowledgeable, so you can make an INFORMED decision when it comes to YOUR insurance.

Home with cash as a roof representing a home insurance free quote

Why the Florida insurance industry continues to experience major increases in home insurance premiums

Why Property Coverage Premiums Are Rising? There have been over 8 carriers shut down in the last 2 years and it has everything to do with the age of roofs and attorneys targeting those claims and applying their one-way fees which has led to over $1.5 BILLION in FLORIDA claims for EACH year since 2019. […]

Skip to content