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Florida's State Insurance Commissioner, Mike Yaworsky, says these deductibles are required by law. "The statute actually mandates that there be a hurricane deductible of some kind — 2%, 5%, 10% ...
The Florida Insurance Guaranty Association board met on March 31 and filed for an emergency assessment of 1% on all Florida property insurance policies. [32] That is in addition to a 0.7% for 2022, a 1.3% assessment from July 1 2022 to June 30 2023, and another 0.7% ending December 31 2023. [32]
Here are some of the additional auto insurance coverage options available in Florida: Bodily injury liability (BI): Bodily injury liability coverage is optional in Florida but highly recommended ...
The crisis in the Florida insurance market. Florida has always been a complex home insurance market. Since 2017, eleven property and casualty companies that offered homeowners insurance in Florida ...
An extended coverage endorsement (EC) was a common extension of property insurance beyond coverage for fire and lightning. Extended coverage added insurance against loss by the perils of windstorm, hail, explosion, civil commotion, riot and riot attending a strike, aircraft damage, vehicle damage, and smoke damage. [1]
While SHOP was available for 2014, this is the first year that small employers in 14 states can apply online. Before 2015 employers who provided health insurance to their employees typically worked with an insurance broker and one health insurance company. In 2015, they however can offer their employees a choice of insurance companies.
Your homeowners insurance company dropped you. And now you are forced to look into Citizens, the insurer created by the Florida Legislature as a safety net for those turned down by all other ...
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