The state’s notoriously expensive property insurance may be getting even more costly. Trusted Resource Underwriters Exchange, which goes by the acronym TRUE, asked state regulators at a June 17 rate ...
The CEO of a Florida property insurance company explains why some bills are rising even as rates are stabilizing.
As you manage QSRs across multiple locations, you’re likely feeling the pressure. Traditional property insurance models are becoming increasingly inadequate for businesses like yours. Rates are ...
Advertising disclosure: When you use our links to explore or buy products we may earn a fee, but that in no way affects our editorial independence. Whether you own a hair salon, an accounting firm or ...
Across the 50 largest metros, an average of 7.0% of monthly homeownership costs go toward property insurance. Property insurance can account for a significant chunk of your monthly budget — especially ...
Rising property insurance rates, up 58% since 2020 and rising more this year, are leaving some property owners uninsured — even when insurance is available, which isn’t always the case — and keeping ...
Florida lawmakers aimed to curb rising property insurance costs and excessive litigation by changing lawsuit rules in 2022. Despite some insurers requesting rate decreases or maintaining current rates ...
Florida Peninsula Insurance Company is lowering its average homeowner rates by 8.4% and condo rates by 12%. The rate decrease is attributed to a drop in lawsuits against insurance companies following ...