homeowners insurance

Floridians fall behind on flood insurance

Floridians fall behind on flood insurance

When county Floodplain Manager Karen Thornhill tells residents to buy flood insurance, she is speaking from experience. In her younger years, Thornhill opted not to purchase the insurance for her home. Her flood zone code was an X, meaning very low risk. But unexpectedly heavy rains left her house with several inches of standing water. […]

Last-minute push to get insurance measure passed

Last-minute push to get insurance measure passed

After a pipe broke and leaked water into her home, Darleen Masturzo of Davenport, Florida, said she was forced out for months by a contract company abusing its power on her behalf. Masturzo said the company came in making promises to handle everything and asked Masturzo to sign a contract right away. Read the full […]

Property insurance on the rise, again

Property insurance on the rise, again

Like deja vu, property insurance rates could be on the rise yet again this year as Citizens Property Insurance has filed to raise rates for a variety of policy types across the state. The proposed changes would amount to an average 5.2 percent overall average increase for nearly 250,000 policyholders across the state. Local State […]

Residents learn about county flood-zone changes

Residents learn about county flood-zone changes

More than 100 Santa Rosa County residents showed up to two meeting Sept. 28 and 29 to discuss changes to the county’s Flood Insurance Rate Maps (FIRM) and the potential effects on their flood insurance costs. The Federal Emergency Management Agency (FEMA) is updating coastal region FIRMs across the nation, and Santa Rosa’s potential changes […]

Florida Chamber: Homeowners’ insurance rates pushed up by hurricane threat

Florida Chamber: Homeowners’ insurance rates pushed up by hurricane threat

Florida residents pay twice the national average for homeowners insurance according to the Florida Chamber Foundation, and the risk for catastrophic hurricanes may be to blame. East Bay Insurance Agency Principal John Hays handles thousands of homeowners’ insurance policies throughout the state of Florida. He said although the system is complex, the level of risk […]