Posted on 1/1/2018 12:00 AM By Florida Peninsula Insurance Company
A lot can change in a matter of a year, which could have an impact on your insurance needs. At the start of this new year, take some time out of your busy schedule to review your homeowners policy. It may save you some money and time should the unexpected occur.
As a policyholder, you can make changes to adjust the amount of coverage you have, which may cause changes to your annual policy premium. Keep in mind, should you not have enough coverage in place, you could be responsible for any out-of-pocket costs in the event of a loss. Each homeowners policy is different, and it is important you understand your coverages, so you and your agent can select the options which work best for the needs of your family. Consider the following when reviewing your homeowners insurance policy:
What is covered?
Your homeowners insurance is made up of coverages which can help pay to repair or replace your belongings and your home should they be damaged by certain perils such as fire, theft or windstorm. ...
Posted on 4/1/2017 3:00 AM By Florida Peninsula Insurance Company
April showers bring May flowers, and floods. According to FEMA, no other type of natural disaster in the United States produces more destruction and devastation than flooding. It can only take one heavy rainstorm to cause significant flooding and damage. Floods result in billions of dollars in damages each year, which it is why it is imperative to be prepared and protected.
Every home is at risk for flooding, and surprisingly, only a small percentage of homes are covered by flood insurance. Did you know, flood coverage is not typically covered by a standard homeowners, condo, or renters policy? Home insurance policies may protect you against water damage, such as a pipe leak or hole in your roof, but will not cover flood-inducing factors such as torrential rainfall or storm surge. Flood water can find its way into your flooring, walls, appliances, electrical system and furniture. It can only take an inch of flood water to cause thousands of dollars in damages to your home.
Stay above water by ...
Posted on 4/8/2013 7:56 AM By Florida Peninsula Insurance Company
Flood insurance rate hikes coming, but can you afford to be without it, during this next hurricane season?
Posted on 7/9/2012 12:32 PM By Florida Peninsula Insurance Company
President Obama Signs Flood Insurance Reform Bill