Florida Property Insurance Reform Bills Explained
Last month, Florida Governor Ron DeSantis signed into law bipartisan property insurance reform legislation. Below are some highlights of the new bills that will go into effect on July 1, 2022.Senate Bill 2D, enacts pro-consumer measures to help alleviate rising insurance costs, increases insurance claim transparency, and cracks down on frivolous lawsuits which drive up costs for all Floridians. Specific Read More
October is fire safety awareness month. In 2020 the National Fire Protection Association estimated around 1.4 million fires in the United States, with an estimated $21.9 billion in property damage. Of those 1.4 million fires residential structure fires accounted for 27%. Living in Florida fire claims are not the most common compared to wind and flood, however, fire is by
The 2021 Budget Season is quickly approaching. For most property managers budget season can feel overwhelming, but with the right preparations, it can become very manageable, and give you a great opportunity to learn more about your association. Here are a few of our best tips for property managers on how to prepare for budget season. Review Your InsuranceInsurance is
This past month, Governor DeSantis signed into law the Florida Bill Senate Bill 76. After years of fighting for property insurance litigation reform, this bill finally sets new standards that will help curve the rising number of lawsuits being filed. On top of new property insurance reform, another bill – Senate Bill 630 -was passed that includes some needed updates for Community Associations
The 2021 hurricane season is just over a week away with peak season beginning in mid-August. NOAA’s Climate Prediction Center has predicted an above-average season for 2021, estimating 17 named storms and 8 hurricanes. After last year’s record-breaking 2020 hurricane season, developing a plan well before the storm arrives will give associations and their residents much-needed peace of mind. A
Spring has officially sprung, which means it is time to do some spring cleaning around your association. With hurricane season, just over a month away, now is the perfect time to start prepping your association and making those needed repairs and upgrades. Not sure where to begin? Here are a few areas to start with! Spruce Up the LandscapingA great
Over the past few years, insurance rates have been on the rise and the market has hardened. During the 1st quarter of 2020 brokers/companies were reporting premium increases of more than 50% for many insureds. Since 2004, the property insurance market has generally been soft, meaning there have been reductions in premiums, but this trend began to change in 2019
In today’s insurance industry there are countless companies to turn to for your insurance needs. Big box names dominate the market, but is bigger better when it comes to choosing an insurance company? Here are some of the benefits of working with an independent insurance agency over a big box company. Specialization Unlike big box insurance companies, independent agencies typically
2020 is finally coming to an end, and with the end of a year comes the budget season. For most property managers budget season can feel overwhelming, but with the right preparations, it can become very manageable, and give you a great opportunity to learn more about your association. Here are a few of our best tips for property managers
Now that most of us have been quarantining for COVID-19 for at least a few weeks, we have really got the hang of this whole staying busy at home thing. Exchanging gym work outs for at home ones, spending dinner at the dinning room table instead of the restaurants, life has a new normal. Our 



