As summer fades into September, children across Florida are preparing for a return to the classroom and many parents are finding first-hand the immense amount of preparation that is involved when “Back to school” transitions into “Off to College”. Feelings of reservation and anticipation tend to dominate the emotions of both parents and young adults at the thought of residency and lifestyle changes associated with first time college students. Aside from living arrangements, meal plans, and school supplies, additional consideration should be allocated to your insurance policies.
When the topic of water damage to Florida homes arises, it’s generally perceived to be caused by rising tides. In all actuality, water damage losses from in-home plumbing and appliances are rapidly increasing and may cause extensive damage to your home and personal belongings. Insurance companies throughout Florida have acknowledged the potential threat of in-home water damage and have responded by rewarding homeowners who take preventative measures. You may be eligible for discounts to your homeowner’s insurance premium by protecting your home from common culprits such as faulty appliances, hoses, pipes and drains.
United States law makers are actively debating current legislation that may significantly impact the wallet of millions of homeowners. As Floridians, we once again find ourselves embedded in uncertainty and focused on the recent developments of Capitol Hill. As changes to the National Flood Insurance Program seem to be inevitable, insurance companies throughout Florida are readying for the severance of subsidized rates.
With all the recent devastation that has taken place throughout the Midwest due to tornadoes, the term “Funnel Cloud” has become a word of increasing sensitivity. The plains region of the U.S. has been coined Tornado Alley due to the sheer volume of tornadoes. However if statistics are any indication, it may be time to rebrand Florida from Sunshine State to “Cyclone Side-Street”. Florida, along with Oklahoma and Texas, has the highest concentration of tornadoes in the United States. Although the native tornadoes generally pale in comparison to the much larger and more powerful tornadoes of the Midwest, they are still able to pack a potent punch.