Auto insurance fraud is a big problem in Florida. In fact, the National Insurance Crime Bureau has named Florida as one of the top five states for auto insurance fraud. The end result of all this is that Florida has one of the highest annual auto insurance premium rates in the country.
In 2009, State Farm Florida Insurance Company had ended its property insurance business in on the back of what it called an 'insolvency threat' (Florida is a high-risk state for property insurers because of its susceptibility to hurricanes). The company stated that its Floridian property [...]
Independent insurance agencies & Captive insurance agencies are different on so many levels. It is often difficult to decide whether you should buy a policy from a captive agency or an independent agent. This article will help to make that decision much easier.
Effective 10/01/2013 the NFIP will no longer allow renewals for certain Pre-FIRM (Flood Insurance Rate Map). This could potentially effect you if your home was built on or before Dec 31st 1974, and you are in a flood zone. The rule used to be that if [...]