The Florida Cabinet voted this week to end the assessment, a 1.3 percent surcharge on policyholders, that was initiated in 2008 and had been expected to continue until 2016. State law requires an assessment whenever the Florida Hurricane Catastrophe Fund (FHCF) does not have enough cash to pay insurers for the losses they incur. The surcharge, called the “hurricane tax” by some, is used to fund revenue bonds to pay […]
10 Ways to Protect Your Home Against Hurricane Damage
Hurricane season has begun, but you can still take steps to minimize the risk of damage to your home if a named storm swoops down on Central Florida this year. Here are 10 ways you can beef up your home’s protection before a hurricane approaches – don’t wait until a storm is on its way!
Save Money and Gas With Proper Vehicle Maintenance
As the price of gasoline continues to soar at the pumps many are looking for places to cut expenses. One of the most common places consumers often choose to cut those expenses is by ignoring regular maintenance on their vehicles . While hoping for better economic days or windfalls to cover the gap between earnings and expenses is understandable it’s also a dangerous choice to make.
How Credit Scores Affect Insurance Rates
Back in the good old days insurance rates were determined by the driver’s age, sex, driving record and the type of car. At that time you paid for homeowners insurance based on the type of construction and you got a big discount if you lived within three miles of a fire station.
Can you Afford to Rebulid After a Hurricane?
Every year, hurricanes cause millions of dollars worth of damage to Florida homes and businesses. Hurricane insurance can be complicated, and laws about it have changed several times during the past few years. The important question to ask yourself is, “if a hurricane wallops my area, can I afford to rebuild my home?” For most of us, that answer is “no,” so we need to be sure our hurricane insurance […]
Ten Important Questions to Ask Your Florida Insurance Agent
At Insurance Land we create relationships with our clients. That’s one of many benefits to having a local insurance agent. Not only do we sell Florida Home Owners insurance, car insurance, boat, business and health insurance, but we are also residents, home owners, and business owners in Central Florida. We understand the importance of being prepared for the unexpected. We understand how important it is to protect your family and […]