Thanks to an unusual convergence of market trends, ushered in by the pandemic and followed by other disruptive events, you may see a bigger change to the cost of your home and auto insurance than usual when it comes time to renew your policies this year. Insurance rates are based on what an insurer thinks…
As a homeowner, you may have heard the term 4-point inspection thrown around, but what does it actually mean? A 4-point inspection is a type of home inspection that focuses on four main areas: the roof, plumbing, electrical, and HVAC systems. It’s commonly required by insurance companies as a way to assess the risk of insuring an older home. However, even if your home isn’t particularly old, it’s always a good idea to get a 4-point inspection to ensure that these crucial systems are functioning properly and to catch any potential issues before they become major problems. In this post, we’ll take a closer look at what a 4-point inspection entails, why it’s important, and what you can expect from the process.
Here are some basic questions and answers which you should consider when looking at the cost of homeowners insurance and your home or home improvements. How can comparing quotes help homeowners save money on expensive endorsements or additional coverage like flood insurance? Comparative shopping is always prudent. Certain carriers have appetite for risks that other…
Despite legislative reforms passed during the 2021 Legislative Session, Florida’s homeowners have continued to see dramatic property insurance rate increases. At the same time, the insurance industry is losing billions to unnecessary lawsuits from third-party contractors. In the first three quarters of 2021, financial results show that property insurance had $1.22 billion in underwriting losses.1…
There’s a ticking time bomb in your South Florida house right now, waiting to strike when you least expect it. In fact, there might even be more than one. And each can cause thousands and thousands of dollars in damage. We here at Rolfs Insurance Services are talking about faulty appliance hoses, of course. Consider…
