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 […]
Unfortunately, it looks like its going to be rate hike time again when it comes to homeowners insurance in South Florida. Most of the major insurance companies that write policies in the southern part of the state are seeking rate hikes, so be prepared when renewal time rolls around. As an example, People’s Trust, which […]
Looking for ways to lower your homeowners insurance premium? Don’t move to Florida. Despite the fact that Florida has not seen a major hurricane is over 10 years, residents of the sunshine state still pay the highest homeowner premiums in the country according to a recent report from the National Association of Insurance Commissioners. The […]
According to a recent article in the Los Angeles Times, the Stoffan family in Greeley Hill, California has seen their homeowners insurance cost double to $5,100 in a year due to the fire risk in their area. This is despite the fact that they added a 50-foot lawn buffer around the house and even installed […]