Roughly a decade ago hurricane Charley, Francis, Ivan and Jeanne hit the coast of Florida in one year and caused $45 billion in property damage. As a result many of the nations largest insurance companies pulled out of the Florida market altogether. There were a number of years before they returned, and premiums were definitely […]
Florida’s Chief Financial Officer, Jeff Atwater recently addressed lawmakers and stated that the assignment of benefits insurance practice must be addressed as it continues to drive up homeowner insurance rates in Florida. While lawmakers looked at the problem this spring they could not agree on changes so nothing was done about a practice that insurance […]
Homeowners insurance is boring. It’s a product that is absolutely necessary but one that has changed very little over the years which is why the introduction of Lemonade Insurance to the marketplace has made such a splash. Lemonade Insurance has gotten a lot of press lately, it’s being touted as the next step in homeowners […]
Hurricane season is just around the corner and last year’s extremely active season was a major wake-up call for residents of Florida, North Carolina and other coastal states. In order to help Florida residents make sure they are prepared, People’s Trust Insurance recently released a hurricane preparedness guide to help their customers and homeowners in […]
We love our guns in America. According to statistics, there are roughly 371 million firearms owned by private citizens and domestic law enforcement in the United States. When it comes to firearms and insurance there can be major gaps in your coverage, which can leave you holding the bag if your firearms are stolen, damaged […]
In many cases, jewelry is often the most valuable possession in a household. Unfortunately, due to its small size, jewelry is also one of the more commonly stolen or lost items. Even if your jewelry collection isn’t worth $1 million, if it was lost or stolen you may be on the hook for the majority […]
As you get older certain expenses tend to rise. Everything from health care costs to insurance can become more expensive. Luckily, when it comes to the cost of car and homeowners insurance there are ways to keep these cost hikes in check. Car Insurance While insurance premiums tend to go up as drivers age, there […]
Home insurance can be a complicated subject and there are a variety of myths out there that can make the subject even more confusing. Here are a few of the most common myths related to homeowners insurance as well as the myth busting facts for each one. Home Insurance is Mandatory: While certain auto insurance […]
The New Year is just around the corner, which makes it a great time to review your insurance policies. Your insurance coverage should be updated and reevaluated on a yearly basis and the start of a brand-new year is a great time to complete this chore. There are a number of different circumstances that can […]
While the majority of homeowners still purchase flood insurance through the National Flood Insurance Program, which is administered by the Federal Emergency Management Agency, private flood insurance options are becoming more common in the marketplace. A standard homeowners policy doesn’t offer protection for flood damage so it is important that a homeowner that lives in […]