Making sure you have the correct homeowners insurance coverage is key to protecting that investment when the unthinkable occurs. Here in Fort Myers, Cape Coral and Naples we tend to look at wind storms as the main reason to purchase home owners insurance -
Depending on where you live in Florida, the windstorm portion of your homeowners policy premium is typically between 15% - 70%. A wind mitigation inspection can drastically reduce those premiums, depending on the construction of your home and how well it is designed to withstand potential windstorm damage.
A 2010 study revealed that individual ownership of life insurance was at a 50-year low. All you need to do is take a look at the economic downturn of the past few years, and you will realize just how important it is to have a life insurance policy.
We have received calls from our clients asking if their college student is covered under their homeowners policy while away at school. There are some basic questions that need to be asked, and depending upon those responses and what policies we are speaking of will determine our response.
While there are no "magic" bullets in solely reducing the cost of home owners insurance - there are some tricks than can be used to help make the homeowners and auto insurance more affordable.
History teaches that a lack of hurricane awareness and preparation are common threads among all major hurricane disasters. By knowing your vulnerability and what actions you should take, you can reduce the effects of a hurricane disaster.