Understanding Progressive Insurance’s policy changes: What Florida homeowners need to know

The insurance company will continue to insure more than 200,000 Floridians and their homes, however, after the company met with the Florida Office of Insurance Regulation and announced on Friday it will only insure owner-occupied properties and will no longer provide landlords or investors with property coverage like dwelling […] Click here to view original […]

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13 Types of Insurance for Small Businesses

KEY POINTS Most small businesses could probably benefit from having at least general liability insurance, and businesses that perform a service may also want professional liability coverage. If your business owns any property, and/or you use personal property for your business, you may need a separate commercial property or […] General Liability Quick Quote! Click […]

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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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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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