Category: Home Insurance

Wind and Hurricane Insurance - What Homeowners Need To Know

How strong is your homeowners’ policy? Having homeowners’ insurance is important, but knowing what that covers is crucial. With inclement weather popping up at a moment’s notice, the policy must include areas you may not think you need. For instance, you may live in an area that requires flood insurance. Did you know that’s an extra policy? Even with a policy in place, there are... Read Article

Flood Insurance - Do you need it?

Do you live in an area prone to flooding? Hurricane season is here and it’s best to have an adequate flood insurance policy in place. As we’ve seen over the past few years, areas that are not prone to hurricanes have also been hit with major flooding and water overflow in low-lying areas. What does flood insurance cover? If you have standard homeowners' insurance, it... Read Article

Rising Flood Insurance Rates

Homeowners Are Feeling the Pinch from Rising Flood Insurance Rates.  Homeowners throughout the Tampa Bay area could see flood insurance rates rise, again. Simply, the National Flood Insurance Program, which provides many such policies in the region, is likely to continue to raise insurance rates for homeowners. The reason is easy to see, as flooding continues to be a concern as massive hurricanes continue to... Read Article

Keeping up with Real Estate Risks

Here are a few risks that you have to take into account when talking about real estate:   Contractual Liability Properly written contracts provide crucial protection, particularly when it comes to liability stemming from an accident or security lapse on a site. For instance, New York City’s “Sidewalk Law”  olds property owners responsible for maintaining the sidewalk in front of their buildings in good repair. The... Read Article

Insured losses from Hurricane Irma in Florida at nearly $2 billion

In the Tampa Bay area, Polk County had the highest number of claims, with more than 10,001, a map from insurance regulators indicated. Insurance regulators declined to provide specific numbers for each county. Hillsborough and Pinellas counties had between 5,001 and 10,000 claims each; Pasco, Manatee and Sarasota counties had between 2,501 and 5,000 claims each, and Hernando County had between 1,001 and 2,500 claims,... Read Article