self insurance: Pros and Cons of Self-Insuring For Wind Coverage - 09/22/21 02:11 PM
On average, the cost of homeowners insurance in Florida has gone up by 32.5% since 2016. This is more than three times higher than the average rate change than the rest of the country experienced during this time (10.9%). More and more of my clients are analyzing the pros and cons of self-insuring instead of carrying a wind insurance policy. Self-insurance entails setting aside money for a potential loss in lieu of purchasing a third-party insurance policy. Depending on the losses your home faces, this could either save or cost more money than conventional insurance coverage. The logic behind self-insurance is that providers … (1 comments)

 
Kim N. Bregman, Exclusive Buyer Agent in South Florida (Optima Properties)

Kim N. Bregman

Exclusive Buyer Agent in South Florida

Boca Raton, FL

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Optima Properties

Address: Broward and Palm Beach Counties, Boca Raton, FL, 33496

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Fax: 561-892-0937



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