In June 2024, the Citizens Property Insurance Corporation’s Board of Governors unanimously approved a rate hike proposal for 2025 that could increase home and condo insurance rates by up to 14% for many of its 1.2 million policyholders. The average increase…
Over the next several days I’ll provide updates on how the rewriting of Section 129 will impact home insurance premiums. In part 1, I’ll look at the impact changing section 627.351(6)(n)(8) will have on Citizens rates. HB 1611 has passed…
After Valentine’s Day, many individuals find themselves the lucky recipients of valuable gifts, such as jewelry, art, or high-end electronics. This influx of expensive items into one’s personal possessions brings to light the importance of considering a valuable articles floater…
Discover the advantages of bundling home, flood, and auto insurance with the same Florida agency. Learn how it can lead to simplified management, consistent coverage, and a smoother claims process, especially in areas prone to natural disasters like Florida.
In summary, accurately valuing your home for insurance purposes ensures that you have sufficient coverage to protect your investment, pay fair premiums, comply with mortgage requirements, and enjoy peace of mind, knowing that you’re well-prepared for potential losses. Regular updates…
Living in West Palm Beach, Florida, offers a unique blend of sun, surf, and urban appeal, making it a popular destination for travelers from all over the world. The city’s charm and the allure of nearby areas like Palm Beach,…
Selecting the right home insurance provider in West Palm Beach, FL, involves several critical considerations, including the insurer’s financial health. This post aims to shed light on how ratings from AM Best, Demotech, and KBRA can guide you in making…
Many residents of West Palm Beach, FL, have recently faced a startling reality when renewing their homeowners insurance: premiums have increased significantly – some by 10%, 20%, and even as high as 40%. This surge in rates has left many…
Protecting Your West Palm Beach Home: Understanding the Importance of Adequate Dwelling Coverage In the vibrant and picturesque setting of West Palm Beach, Florida, your home is not just a living space but a significant investment and a cornerstone of…
Avoid These Four Costly Insurance Errors When Moving to West Palm Beach, Florida Are you planning a move to West Palm Beach, Florida? It’s natural to think about transferring your current home insurance policy to your new location. However, this…
