Are Airbnb’s insurable? What should you consider before investing in one?

Up until just a few years ago, traveling meant making plans well in advance, booking through travel agents, and lots of planning ahead for hotels or other accommodations to explore desired locations. But with the internet at our fingertips and services like Airbnb, VRBO, etc now¦ it’s easier than ever to find a place to […]

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Will the property insurance crisis in Florida really get worse before it gets better?

The cost of reinsurance for Florida property insurers has increased over 100% in the past 4 years. It is projected that reinsurance will go up another 50% at the time of renewal on June 1st. If you’re wondering what reinsurance is It’s essentially insurance for insurers. It transfers risk to another company to reduce the […]

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New requirement for Citizens flood insurance effective 4/1/23

Citizens Insurance is a Florida-based state-run carrier insuring residential and business properties all over the state. They used to be considered the insurer of last resort in Florida but have taken on more home policies than ever in the recent past so this news will be very impactful to many. A new bill recently took effect that […]

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5 Major Changes to Home Insurance in 5 Years

Home insurance is an ever-changing topic of conversation sometimes positive and sometimes not so much. The last five years and the next five years to come have been and will be HUGE to the property insurance industry, thus impacting real estate drastically. Here is a recap of what we’ve seen and what we expect. THE […]

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