Florida’s hurricane season is June 1 to Nov 30. Even if you aren’t on the coast, most areas of Florida seem to get a lot of strong storms with high winds this time of year. Proper hurricane preparation can help you avoid the frenzy that happens the week leading up to a storm and can […]
Lighthouse Insurance News
Lighthouse Insurance, which has policies under Lighthouse Property Insurance Corporation and Lighthouse Excalibur Insurance Company, is the third Florida carrier facing insolvency this year. Lighthouse insurance announced that it would no longer write new policies in mid-February. At the end of March, Demotech withdrew its financial stability rating. This is a very bad sign for […]
Florida Home Inspections
Are you buying a home in Florida? Maybe you are trying to change insurance companies. Or selling your home and just want to be prepared if the buyer asks for concessions. These situations (among others) often require a Florida home inspection. But what type of inspection do you need? What is the difference with each […]
What is the Replacement Cost for my Home?
What is the replacement cost for my home? How do I know if the coverage on my homeowner’s insurance is correct? I paid more for my home than the amount of my insurance. Why is that? Is it right? Those are all good questions, and the replacement cost is one of the most important coverages […]
Florida Insurance Cancelled or Non-Renewed?
Is your insurance cancelled or is your insurance non-renewed? Maybe it’s not cancelled yet, but you’ve gotten the notice from the company in advance. First, I’m sorry to hear that. I know it can be stressful, especially when you had everything already set up previously. You probably have some questions: Those are all good questions, […]
St. Johns Insurance News
St. Johns Insurance Company is now insolvent and set to be liquidated. This news came at the end of February, and was the 5th company to become insolvent since 2019 joining Florida Specialty Insurance Co, Windhaven Insurance Co, American Capital Assurance Corp, Gulfstream Property and Casualty. (Shortly after the St. Johns Insurance announcement, Avatar Insurance […]
Avatar Insurance News
Avatar Insurance or Avatar Property & Casualty Insurance Co. is the second Florida carrier facing insolvency this year. Avatar announced that it would no longer write new policies in mid-February. Soon after, Demotech withdrew its financial stability rating. This is a very bad sign for an insurer, as most mortgage lenders require an A-rating to […]
What is Ordinance or Law Coverage?
What is Ordinance or Law Coverage? Is it important? Should I have it on my Florida home insurance policy? Those are good questions. For most coverages, you can get an idea of what it is based on its name, but Ordinance or Law isn’t immediately apparent, and many homeowner’s don’t know what this coverage is […]
Free Roof Inspection – What Should I Do If Someone Wants to Inspect My Roof?
I’m getting bombarded with offers for a free roof inspection! Has someone knocked on your door recently offering to inspect your roof for storm damage? Maybe you got a letter or door hanger about inspecting your roof. Why are roofers doing this? Should I let them do the inspection? What should I be concerned about? […]