Shepard Insurance Insights
Category: Home Insurance
What you can learn from Hurricane Dorian.
If a hurricane hits locally, are you protected? With hurricane Dorian moving on leaving too much devastation in its wake, it’s sensible to pause and wonder if a 185 MPH hurricane had hit locally, are you properly protected? There are two issues to consider with a hurricane: wind and water. Wind coverage outside of Florida [...]
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Insuring Success! – A blueprint on being bullet proof
Many successful people will tell you that one of the keys to success is to surround yourself with likeminded people that have skills that complement and support your efforts. Selecting the right insurance agent adheres to that theme, in an effort to make your success bullet proof from the surprises in life. There are a [...]
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Bipolar Values – Property Values vs Construction Costs
Why is my house insured for $2.8m when I couldn’t sell it for $2m? This is the question we field at Shepard Insurance Group daily from our clients. Unfortunately the answer is one you won’t want to hear. Over time, property values have softened for real estate sales, the number of buyers has reduced, and [...]
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Hurricanes Are Getting Stronger and Longer, Here’s How to Respond
As we approach the tail end of Hurricane season scientists continue to gather data on the storms, and insurance companies continue to react to that data. Here is what is clear: Based on the Saffir-Simpson Wind Scale (SSHWS), developed by civil engineer Herbert Saffir and meteorologist Robert Simpson, wind must exceed 74 miles per hour [...]
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An Insider’s view on the future of Home insurance policies
With more than 40 years of experience in assisting property owners with protecting their home, with a home insurance policy, you would expect that we have seen it all. But now we have Global Warming. In the past 12 months we have had: Hurricanes Wild fires Mudslides from heavy rains after the wildfires Major hailstorms [...]
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How much Excess Liability Insurance is Enough?
Accidents unfortunately happen! It can be a distraction to your driving, or an unintended party at your home! Even with intelligent prevention efforts, some of these events are out of your control. If the unlikely, unfortunate accident does occur, and you hold the responsibility, it boils down to a matter of how much? How much [...]
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