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10 Factors That Affect Homeowners Insurance Premiums in Florida

TGS

TGS Insurance » Blog 10 Factors That Affect Homeowners Insurance Premiums in Florida When it comes to homeowners insurance premiums, several factors come into play, and understanding them can be the key to managing your costs. Let’s dig into the 10 factors that affect homeowners insurance premiums in Florida—and everywhere else, too.

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Are Insurance Price Increases a Tipping Point for Gen X and Boomers?

Majesco

When she recently realized that her premiums for both vehicles were nearly identical (and they had both gone up), she called her insurance agent. The potential premium savings are worth the data sharing. Both generational groups are experiencing related tipping points, however, due to the effect of inflation on insurance premiums.

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Affordable Housing Insurance Challenges: Understanding the Market

Scott Insurance

The Hardening Property Insurance Market Since 2017, the property insurance market has been hardening, resulting in lower available limits, higher deductibles and increased premiums. suburban) and are more susceptible to the use of crime scores when underwriters rate their liability insurance.

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Insurance for Apartment Building Owners: Protecting Your Client’s Investments With the Right Coverage

Distinguished

It also shows that being aware of any separate deductibles for wind or hail is an important part of assessing your clients coverage options. Crime insurance : Protects against financial losses caused by theft, burglary, or employee dishonesty, covering stolen money, securities, or property.

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How To Save Money On Your Commercial Insurance

Protect Commercial Insurance

By understanding your policy needs, shopping around, and exploring available discounts, you can effectively manage insurance premiums and keep your business financially secure. However, commercial insurance premiums can sometimes strain your business finances if not managed wisely.

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Antique Duck Decoys: How to Insure and Value a Collection

Distinguished

Security measures: Collections stored in locations with advanced security systems, climate control, and proper humidity management may qualify for lower premiums. Location: Storing a collection in an area prone to natural disasters or with higher crime rates can increase insurance costs.