Northside Insurance Agency Inc. Blog: flood insurance
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Monday, August 10, 2015The Florida property insurance market is looking good these days, thanks to 10 years without a major hurricane event. Will 2015 be the year that changes? A.M. Best asks that question in the title of its latest report on the property insurance market in Florida. "Florida Property Insurers Remain Untested: Will 2015 Be the Year? READ MORE >>
Monday, August 10, 2015Florida representatives are turning their attention to flood insurance with a new bill and a proposition to extend a 2014 law.
Rep. Patrick Murphy (D-Fla.) and Rep. Carlos Curbelo (R-Fla.) are calling for an extension of the Homeowner Flood Insurance Affordability Act, signed by President Bara... READ MORE >>
Friday, July 24, 2015More than 6.6 million homes on the Atlantic and Gulf coasts are at risk of hurricane storm surge floods, according to a new CoreLogic report. And should disaster strike, the price to reconstruct those homes will cost nearly $1.5 trillion. Regionally, the Atlantic Coast has more than 3. READ MORE >>
Friday, June 26, 2015Florida's "insurer of last resort" says it has finalized its financial preparations for the 2015 hurricane season and has enough money to pay claims on a once-a-century storm without levying assessments on Florida policyholders. Last week, Citizens Property Insurance Corp. READ MORE >>
Thursday, June 25, 2015Homeowners who ignored a letter from their flood insurance company explaining rate increases that took effect April 1 are in for a $250 surprise when they get their renewal notices. The good news: People living in their primary residence can reduce the $250 premium surcharge to a $25 surcharge, even if their policy renewal has already taken effect. READ MORE >>
Thursday, May 7, 2015 Floods are the most common disasters in the country. And as if that weren’t bad enough, they are also the most costly disasters to recover from. These facts make it easy to see why homeowners should consider flood insurance to protect their property and wallets. READ MORE >>
Monday, April 20, 2015Homeowners with federal flood insurance will get some unwelcome news when they receive their next policy renewal notice. As of April 1, new rates took effect under the National Flood Insurance Program that increase individual policy premiums for homeowners in high-risk areas by as much as 25 percent. READ MORE >>