Living in the beautiful Sunshine State comes with its fair share of stunning days and the occasional hurricane. To truly weather the storm, it's crucial to understand how insurance can protect your home, car, and business. In this blog, we'll delve into essential tips for hurricane preparedness and guide you through the process of finding the right insurance coverage. Understanding the Risks: Florida experiences hurricanes, on average, every two years. These storms can cause extensive damage, including roof and structural issues, particularly in coastal areas. Understanding regional weather ..read more

Living in the Sunshine State comes with its perks, but the unpredictable Florida weather can pose unique challenges. As residents of this beautiful state, it's essential to ensure that your insurance coverage is robust and tailored to the specific risks posed by Florida's weather patterns. In this blog post, we'll guide you through the key considerations to look for when selecting insurance coverage in Florida, helping you navigate the storm with confidence. Hurricane Preparedness: With the threat of hurricanes looming, it's crucial to have comprehensive coverage for your home. Look for poli ..read more

Tens of thousands of Florida homeowners scrambling to find coverage. Source: LAURA CASSELS- JUNE 7, 2022 7:00 AM (https://floridaphoenix.com/2022/06/07/amid-turbulence-in-fl-property-insurance-market-homeowners-still-have-options-but-not-many/) With the first named storm of the 2022 hurricane season — Alex — already leaving its mark on South Florida, the turmoil in the state’s property-insurance market continues to worsen. Tens of thousands of Florida homeowners are scrambling to find coverage, as the insurance industry grapples with “an existential challenge,” as described by a leading finan ..read more

Source: Florida office of insurance Regulation (https://www.floir.com/sections/pandc/homeowners/default.aspx) Homeowners' Insurance Definition Homeowners' insurance is a specific type of property insurance. Homeowners' insurance covers damage or loss by theft and against perils which can include fire, and storm damage. It also may insure the owner for accidental injury or death for which the owner may be legally responsible. Mortgage lenders usually require homeowners' insurance as part of the mortgage terms. The standard homeowners' insurance policy is divided into several component parts: C ..read more

Source: Merrill Burchell, Car Insurance Writer @merrill_burchell • 08/04/21 In Florida, full coverage car insurance is considered either the minimum insurance coverage required by Florida law or a policy that protects drivers in most circumstances, depending on whom you ask. There is no specific definition of full coverage auto insurance in Florida, despite the popularity of the term. What Full Coverage Means in Florida Lawyers often use the term “full coverage” to mean the bare minimum protection required by law. In Florida, that equals $10,000 of personal injury protection (PIP) and $10,000 ..read more

Source: Trusted Choice | June 21, 2022 (https://www.trustedchoice.com/l/florida/commercial-vehicle-insurance/) Florida’s I-95 is ranked as one of America’s most deadly roads due to the high number of commercial truck accidents. From fender benders to major collisions, commercial vehicle accidents can be particularly expensive. Florida business owners who have company-owned vehicles can protect their business finances with a commercial vehicle policy. An independent agent in Florida can help you find competitively priced commercial auto insurance that is compliant with state and federal laws ..read more

Myfloridacfo.com Most flood insurance policies currently providing coverage in Florida are underwritten by the National Flood Insurance Program (NFIP). The NFIP is managed by the Federal Insurance & Mitigation Administration which is a part of the Federal Emergency Management Administration (FEMA). These policies may be issued directly by the NFIP (NFIP Direct) or by various property and casualty insurance companies through a NFIP program called “Write Your Own” (WYO). Through the WYO program, the insurance company issues and services the policy, however the NFIP is responsible for paying ..read more

Source: News Leader (Fernandina Beach, FL), Wednesday, July 13, 2022, Saying the property-insurance market "remains in crisis," the state Monday asked a federal judge to toss out a challenge to a law that places restrictions on roofers. An attorney for the Florida Department of Business and Professional Regulation disputed that the law, passed in 2021 and revised during a May special legislative session, violates roofers' First Amendment rights. The revised version includes requiring roofers to put disclosures on advertising -a requirement that the lawsuit described as "unduly burdensome." Th ..read more