Month: April 2017

Practical Tips to Minimize Insurance Risk With Foreclosed Properties

Practical Tips to Minimize Insurance Risk With Foreclosed Properties Practical Tips to Minimize Insurance Risk With Foreclosed Properties

Of all the states in our country, Florida has the second highest foreclosure rate. Property and casualty insurance carriers have taken a hit from the influx of foreclosures over the past few years because these properties often sit vacant for an extended period of time, increasing insurance risk. While the real estate market in Florida […]

How Increasing AOB Claims in Florida Impact Property and Casualty Insurance Carriers

How Increasing AOB Claims in Florida Impact Property and Casualty Insurance Carriers How Increasing AOB Claims in Florida Impact Property and Casualty Insurance Carriers

Many homeowners in Florida are experiencing hikes in homeowner’s insurance rates. In this scenario, hurricanes are not the primary driver of rate increases. Instead, contractors in Florida are responsible for increasing the cost of insurance by unnecessarily driving up repair costs. How are individuals and firms in Florida driving up insurance claims?We’ve talked about the […]

How an Insurance Inspection Can Help Bridge the Knowledge Gap of Homeowners Insurance Policies

How an Insurance Inspection Can Help Bridge the Knowledge Gap of Homeowners Insurance Policies How an Insurance Inspection Can Help Bridge the Knowledge Gap of Homeowners Insurance Policies

When it comes to property and casualty insurance, research reveals that many consumers have misconceptions about coverage and ways to protect their property. According to the I.I.I. Consumer Survey conducted in May of 2016, several property owners have gaps in their knowledge of their coverage. Here are some interesting findings revealed in this consumer survey […]

How Insurance Carriers are Capitalizing on the Voice Technology Assistant Trend

How Insurance Carriers are Capitalizing on the Voice Technology Assistant Trend How Insurance Carriers are Capitalizing on the Voice Technology Assistant Trend

Between Amazon’s Alexa and Google Home, it’s hard to miss all of the hype about voice technology. While these devices have primarily been used to play music, get news updates, and control smart appliances, insurance carriers are now finding ways to tap into this popular trend and earn new business. Insurance carriers are establishing partnerships […]