Lawmakers meet to try and improve Florida’s property insurance market

Property Insurance Market – Courtesy: Shutterstock – Image by Alexander Raths The Sunshine State has not seen a major storm in several years, but policyholders across Florida are dealing with a different kind of catastrophe. “We’re spiraling toward a collapse of the private insurance market in Florida, meaning there will be no options for Florida

Florida auto insurance rates are highest in the U.S., according to study

Auto Insurance Adjuster — Courtesy: Shutterstock — Image by: Monkey Business Images A recent study conducted by Coverage.com reveals Florida drivers pay the highest average annual premium of any state in the U.S. for auto insurance—a whopping total of nearly $2,600 dollars a year for full coverage. In comparison, Maine has the lowest at just

Why autonomous vehicles enhance the way we drive

Autonomous Vehicles — Courtesy: Shutterstock — metamorworks Electric and plug-in vehicles are the hottest thing on the market right now, but within the next decade, we may see autonomous vehicles as the main focal point. They have already been implemented in modern vehicles through features like Lane-Keeping Assist and SuperCruise control. While there are many

Florida’s Real Estate Woes—How soaring homeowner insurance costs may affect buyers market

Courtesy: Shutterstock – Image by alphaspirit.it Just when it seemed like the Florida housing market was in a promising sweet spot for prospective buyers, insurance executives have reason to believe the property insurance market is casting a large shadow that may draw homeowners elsewhere. The COVID-19 pandemic created a single-home and condo buying surge in

Looking to Buy a House in Florida? Here are some Must-Read Tips before you do

Courtesy: Shutterstock – Image by Andy Dean Photography The Florida housing market is as hot as it’s ever been in recent years, and because of that, property values are up, and so are moving rates into the state. While the market certainly helps Florida’s allure, the main reason people want to live in Florida is

Florida Home Insurance Premiums Expected To Rise After Busiest Hurricane Season On Record

Blue plastic tarpaulin temporarily covers roof damage caused by Hurricane Irma in Key West, Florida. Courtesy: Shutterstock – Photo by Chuck Wagner After dodging the majority of the hurricanes and storms from the busiest Atlantic storm season on record, Florida residents were able to let out a massive sigh of relief, knowing that their property