Florida Insurance Industry

Policyholder Information

What Is “Wind Mitigation” and Why Do I Need It?

Homeowners can receive substantial credits for outfitting their homes with windstorm mitigation features that withstand or are more resistant to high winds. We highly recommend that Florida homeowners, especially those living in more hurricane-prone regions, consider investing in wind mitigation...

Why Is Florida Homeowners Insurance Going Up?

Why Is Florida Homeowners Insurance Going Up?

by Guylaine Cadorette | Sep 25, 2020 The perfect storm that has been brewing in Florida's property insurance marketplace has finally made landfall—and it's wreaking havoc on homeowners insurance rates. The three leading causes of premium spikes include Assignment of Benefits fraud, Hurricane Irma,...

What Is Property and Casualty Insurance and What Does It Cover?

Property and casualty (P&C) insurance is a general term that describes various forms of insurance that can help protect you and your physical property. This includes the types of insurance that typically cover items like your car, home, and even businesses, as well as situations in which you are...

Do You Have to Have Homeowners Insurance?

by Guylaine Cadorette | Feb 17, 2021 You don't have to have homeowners insurance. With increasing monthly premiums, forgoing a home insurance policy may seem like a simple way to reduce the overall costs of homeownership. And if you're able to pay for your home upfront in cash or have completely...

How Assignment of Benefits Scams Work

When a home is damaged, the owner calls a repair contractor – for example, a roofer or plumber. The contractor gets the homeowner to sign a broadly worded Assignment of Benefits, or AOB, form, which lets the contractor get paid directly by the insurance company. The problem is, some underhanded...

People’s Trust Insurance Responds to Hurricane Irma

by BROOKE GOLD HASSON | Sep 13, 2017 Hurricane Irma has had devastating impacts on Florida. Our thoughts are with everyone whose lives have been disrupted by rain, wind, and floods. If you are a People’s Trust policyholder, call our claims hotline at 877-333-1230 as soon as you become aware of any...

Protect Your Home and Avoid Claims in the New Year

No one plans for their homes to have a loss – but, accidents happen. While you can’t control everything that could happen, there are preventative measures you can take to help prevent your Florida home from experiencing the unfortunate. Below are the top 5 home insurance claims and what you can do...