ValuePenguin recently analyzed the cost of housing in major Florida cities and found that some cities in the Sunshine state are much more affordable than others. Housing costs varied by a mind boggling 161 percent with Lakeland being the most affordable, housing costs there run $7,992 a year while Coral Springs costs a whopping $20,868 […]
Over the last few years Colorado residents have seen their insurance rates headed up. According to industry data, rates for homeowners have gone up 67 percent while drivers have seen rates climb 52 percent. Unfortunately, due to three hailstorms that hit the Front Range recently, insurance costs could be going up again. The recent hailstorms, […]
Industry experts, at a recent Insurance Journal webinar looked at ways to battle AOB (assignment of benefits) fraud that is pushing up the cost of homeowners insurance in Florida. “I think the number one thing the insurance industry can do is link AOB (assignment of benefits) to the impact that it’s having on the individual […]
There is only a month left in Florida’s 2018 legislative session and there’s been little movement on legislation that will help solve the Assignment of Benefits (AOB) crisis that has been causing trouble for years in the Florida property insurance market. While assignment of benefits have been around for a long time, in recent years, […]
In October, roughly 50,000 Palm Beach County properties will be reclassified as either touching or being in a flood zone, which could dramatically change the cost of their homeowners insurance. However, a new map that was made available this week on a county website is leaving many homeowners confused and unsure about where their property […]
Buying a new house is a major expense and prices seem to go up every year. According to the Census Bureau the median sales price of a home in the United States was $278,800 in 2015. Unfortunately, the sales price is just the beginning of the expenses when it comes to home ownership. Buying a […]
Everybody has a credit score these days and it can have a huge impact on your financial life. A good or bad score can affect everything from the rate you pay on a mortgage to the cost of insuring your home. Achieving, and maintaining a good credit score takes work and financial discipline but the […]