Car Insurance Premiums Rise In Florida

Floridians have seen an average auto insurance premium increase of almost 14% since January 1.  This article from the Tampa Tribune lays out the various reasons for the increase- Click Here.

Make sure you are receiving every possible discount on your auto insurance policy.  Many companies give discounts for the following:

Paperless- receiving all your correspondence through email.
EFT- Electronic Fund Transfer for all payments
Paid In Full- Paying a policy in full at the beginning for the policy period often results in substantial savings.
Senior Driving Course- Drivers 55 years and older can take an online course and receive a discount from many companies
SnapShot- Progressive offers discounts to drivers who install the "Snapshot".  The devise tracks your driving habits including the amount of driving you do and applies discounts to your policy.

Of course if you are like me and have two drivers under the age of 25 you will be paying very high rates no matter what.

For a free no hassle insurance review, call Boca Insurance Group at 954-596-0691.

Citizens to Shed another 81,500 Homeowners Insurance Policies

Citizens is shedding more policies to new, private insurers. IF this happens to you, make sure you call your insurance agent and review the specifics about the new company and the coverage offered. Many of the "take out" companies offer enhanced coverage compared to the Citizens policy you previously had. Also, be aware that many of the new companies have a "right to repair" clause in their policy which means they can choose the contractor to repair damage. Stay informed about your options and call Boca Insurance Group- 954-596-0691.  

For more information please read this article that outlines Citizens plans- Click Here