Flood insurance rules changes for lenders (From an article in Florida Realtors online newsletter) WASHINGTON – Oct. 23, 2013 – A group of federal agencies joined together to create flood insurance policy rules. A rule proposed yesterday would implement some provisions of the Biggert-Waters Flood Insurance Reform Act of 2012. If it becomes official after a comment period … Keep reading... about FEMA Flood Insurance Changes
Insurance
Does everyone need flood insurance?
By Jim Nolan, Jr. - president of Nolan Family Insurance, Inc, Punta Gorda, FL Charlotte Sun-Herald Newspaper. Reprinted with permission. November 26, 2007 It seems that a week does not go by without at least one person telling us they don’t need flood insurance. Their reason for this is usually either because someone told them they are not in a flood zone or they assume … Keep reading... about Does everyone need flood insurance?
Reducing Florida Homeowner Insurance Rates
A special legislative session in Tallahassee is working to find ways to lower homeowner property insurance in Florida. Rates for some owners, especially those with older homes, have sometimes tripled in recent years. Beach and island homes in southwest Florida have been especially hard hit with rate increases. Several insurance companies have not renewed policies and will not … Keep reading... about Reducing Florida Homeowner Insurance Rates
The dangers of home underinsurance
By M.P. MCQUEEN THE WALL STREET JOURNAL Charlotte Sun-Herald Newspaper. Reprinted with permission. August 29, 2006 It’s the downside of the housing boom: Many homeowners are now significantly underinsured. Americans have been pouring money into their homes in recent years, adding everything from marble bathrooms to fancy backyard decks: Last year alone, spending on … Keep reading... about The dangers of home underinsurance