What is a Hard Market? When Homeowner’s claims out run premiums collected! "Like it or not, insurance companies are in business to make a profit" What does it all mean? Like it or not, insurance companies are in business to make a profit, or at minimum break even when they add up all the claims [...] Read More

Weather Related Storms in 2020 Impacting 2021 Home Insurance Rates Premium rate increases are no small change. "$21 Billion in weather claim disasters in 2020" The $21 Billion in weather claim disasters in 2020 have home insurance providers reacting. And it is not small potatoes! In 2020 across the United States there were: 7 hurricanes [...] Read More

Looking South Florida Home Insurance Continues to Crumble "Florida insurers posted a $1.6b operating loss in 2020, without a major storm" In data taken from the NAIC, National Association of Insurance Commissioners, Florida represents only 8% of home insurance claims nationwide, but a staggering 76% of lawsuits filed against insurance companies. Couple that with Florida [...] Read More

It may not be an Accident! It might be Staged! "practice defensive driving with these thoughts in mind" Law enforcement refers to it as organized crime. Staging side swipes and abrupt stops to cause an accident are becoming more common in urban areas because of nicer cars, and better insurance. Criminals are coordinating with doctors, [...] Read More

Spring Cleaning 2021 As we approach the beginning of April, and the temperatures start to warm up, you are probably starting to think about your spring cleaning. "Spring Cleaning Checklist" Here’s a quick checklist from Chubb that can help freshen up your home and protect it against springtime elements. On the exterior of your home: [...] Read More

Flood Insurance 2.0, Delayed to 10/1/2021 Time to get out in Front of Significant Flood Insurance Premiums It’s of little surprise that FEMA, and then NFIP (National Flood Insurance Program) have a major problem. As the primary provider of flood insurance, and at times running a deficit as high as $50 billion (currently at $20 [...] Read More