Mortgage rates are only part of Florida’s housing affordability problem. Homeowners insurance, taxes and other expenses can push the monthly cost of a home beyond a buyer’s budget. Continue Reading When Mortgage Rates and Home Insurance Collide: Florida’s Housing Affordability Squeeze
Tag: Homeowners Insurance
Orlando Sinkhole Evacuation: What Florida Property Owners Should Know | Sun Insurance Services
A sinkhole near our Orlando office forced roughly 200 families from their apartments. Here is what Florida property owners should know about sinkhole insurance and catastrophic ground cover collapse. Continue Reading Orlando Sinkhole Evacuation: What Florida Property Owners Should Know | Sun Insurance Services
Why Are Florida Storms Becoming So Expensive?
New research from Gallagher Re suggests that construction costs, labor, development and inflation account for much of the growth in severe storm insurance losses. Here is what that means for Florida property owners. Continue Reading Why Are Florida Storms Becoming So Expensive?
Florida Insurance Commissioner Announces Rate Decreases | Sun Insurance
Florida regulators have approved several homeowners insurance rate decreases, while dozens of insurers have filed for reductions or no increases. Here’s what Florida homeowners should know. Continue Reading Florida Insurance Commissioner Announces Rate Decreases | Sun Insurance
Home Insurance During Foreclosure or Vacancy | Sun Insurance Services
Foreclosure does not automatically end home insurance, but missed premiums, occupancy changes, and extended vacancy can create coverage problems. Florida property owners should notify their insurer, maintain required coverage, and review vacant-home options promptly. Continue Reading Home Insurance During Foreclosure or Vacancy | Sun Insurance Services