What is renters insurance and what does it cover?

Renters insurance is a type of insurance policy that covers tenants’ personal property and provides personal liability coverage . It’s generally affordable and anyone who’s renting should consider buying a policy, because your landlord’s property insurance doesn’t benefit you. If you want to learn more about how renters insurance […] Click here to view original […]

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Florida’s state-backed Citizens Insurance eying rate hike

TALLAHASSEE, Fla. – With the state-backed Citizens Property Insurance Corp. continuing to see massive growth, regulators Thursday took up a proposal that would lead to double-digit rate increases for Citizens customers across Florida. The proposed increases would vary based on factors such as types of policies. But Brian Donovan, […] Click here to view original […]

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Insurance ‘accountability’ bill signed

Gov. Ron DeSantis on Wednesday signed a bill that supporters say will increase “accountability” in the insurance industry. Lawmakers unanimously passed the bill during the legislative session that ended May 5. It came amid widespread problems in the property-insurance market — and after lawmakers passed measures in recent months […] Click here to view original […]

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What is an insurance deductible?

Getty Images Key points A deductible is the amount of money you are responsible for when it comes to an insured loss or expense. You either have to pay this amount out of pocket, as with health insurance, or it will be deducted from your claims check, as with […] Click here to view original […]

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Does homeowners insurance cover mold?

If you find mold growing in your home, it should be removed immediately. But depending on the extent of the mold, removing it can be expensive. If you’re wondering does homeowners insurance cover mold, the short answer is yes. Mold is common in many homes. According to the Centers […] Click here to view original […]

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Florida imposes 1% emergency fee on insurance policies

TALLAHASSEE — Florida consumers will have to pay an extra 1% for their insurance premiums because of property insurer insolvencies stemming in part from hurricane claims. The assessment comes as property-insurance policyholders throughout the state face soaring premiums. lt also will be collected on a variety of types of […] Click here to view original […]

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