Blog – All About 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 […]
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 […]
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 […]
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 […]
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, […]
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 […]
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) 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.
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. […]
BEWARE of Cheap Home Insurance
Beware of Cheap Premiums – Too Good to be True! This month, we are sharing coverage education, insight into industry trends and expectations, and explaining that cheaper is not always better when it comes to home insurance. While the information we share may seem alarming, we want you to know we are 100% in the […]