Homeowners Insurance Blog

April 30, 2013 - 21:10

Premier Homeowners Insurance is the online division of Moran Property & Casualty, located in Ponte Vedra Beach, Florida.  Ponte Vedra is located out at the beaches in Jacksonville, Fl.  This is where you will find our independent insurance agents working on solutions for customers locally and through out the Sunshine State.  We serve customers in areas like Miami, Tampa, Orlando, Jacksonville, and everywhere else in the state a consumer is looking to maximize coverage, while obtaining the best possible rate.  We offer all of the top A rated carriers you would want to insure your home, while offering outstanding support and personal service.  Check out Premier's newest home insurance video Web ad below:


If you are looking for a new insurance policy in Florida please give us a call today at 1-800-554-9142.  Working with one of the experts at Premier Homeowners Insurance will help alleviate an issues or fears you might have in finding the best coverage for your home.  It doesn't matter whether you are a new homeowners or just looking for a better rate on an existing policy, we recommend giving us a call so we can complete a free analysis of your current situation.  


by Morgan Moran

April 19, 2013 - 21:51

Most of us get caught up in living each day and forget to take advantage of cost-savings that are as available to us as they are anyone else. Homemakers can save on home insurance, too, by shopping wisely for insurance and making other prudent decisions. Sometimes it is a good idea to step back and see if we are securing ultimate savings on home insurance.

Consider the following six money-saving opportunities in home insurance:

1)      Increase deductibles. Everyone knows how deductibles can affect premiums, but not everyone knows how dramatic a difference higher deductibles can make on a premium. Doubling a minimum out-of-pocket figure can mean double-digit decreases in the premium.

2)      Buy a newer home rather than an older one. The difference in the mortgage could be significantly offset by the lower insurance premium that often is a feature of a newer home. Insurers like to bet newer homes will mean fewer claims than will older homes.

3)      Make the home secure. Installing a home security system, dead bolts, and smoke alarms can mean significant reductions in the premium for the home. The more sophisticated the security system, the greater the reduction usually. Ask an agent.

4)      Shop and stay. Homeowners are encouraged to shop around for ultimate savings on home insurance and, once satisfied with a company, stay with it. If a company is responsive and progressive, staying with it rather than skipping from company to company can mean loyalty discounts.

5)      Keep a good credit history. Some insurance companies partially predicate policy premiums on a homeowner’s credit history. If the history has been improved during the life of a policy, let a company know so it can reward the homeowner with a lower premium.

6)      Regularly review a policy. Things change. If the value of a home’s contents is reduced for one reason or another, let an agent know about. The portion of a policy insuring contents may be reduced as well.

Ultimate savings on home insurance ultimately are the responsibility of a homeowner. To learn more about insurance polices check out our home insurance article section today.  Click here and go get ’em

by Morgan Moran

April 2, 2013 - 21:22

The largest home insurance carrier doing business in the state, Florida Citizens Property Insurance Corp., is looking reinstate sinkhole coverage for homeowners.  Most sinkhole coverages were dropped due to state legislation over the past couple of years.  Did your sinkhole coverage get dropped this past year?

Citizens board of directors has approved the changes that would let there be coverage for a variety of risks.  Some of these acceptable risks would include coverage sinkholes for new house contraction.  If you have either a mobile home or are building a new house, you might be-able to obtain sinkhole coverage.   Do you know if your policy currently covers sinkholes?  

A few years back, the legislature in Florida approved a new law called SB 408.  This was a bill that aimed to reduce exposure for the largest insurer in the state, Citizens, but left many homeowners uneasy, as they didn't have full coverage, i.e. sinkholes.  Citizens is the last resort for most homeowners in the state, but they are a necessity, with many of the private insurance companies only wanting to insure quality risks.  

These new changes will still have to be approved by FLOIR.  It will be interesting to see what they have to say on the subject of sinkholes.  What are your thoughts? Are they a major problem in Florida?

by Morgan Moran

April 1, 2013 - 20:42

Typically, the most expensive portion of owning your own home would be the cost of your mortgage.  Mortgages in Florida put a great deal of financial burden on families whether they live in Miami, Tampa, or Jacksonville Fl.  With homeowners insurance rates rising rapidly in the Sunshine state many homeowners are trying to figure out ways to reduce premiums.  Some are now stating that they pay more for insurance than they pay for a monthly mortgage.  That seems pretty crazy, doesn't it?  A non-profit organization that recently completed a study suggested that consumers are paying more for their home, auto, life, and health insurance than their re for the mortgage on their homes.  In many cases, the insurance costs were higher than $16,000 per year.  What are your thoughts on insurance in Florida, is it to expensive?  Let us know what you think at Premier Homeowners Insurance by commenting on our blog below.

by  Morgan Moran

March 12, 2013 - 21:34


Do you have your policy with Universal Insurance Holdings?  If not, that is o.k., but many Floridians turn to the largest private home insurance company in the state for their insurance needs.   For those policyholders that chose to go with Universal it is probably very nice to see in this tough marketplace that they finally turned in a fourth quarter profit.  Do you as consumers feel more comfortable with your carrier when they turn a profit, or just offer cheap rates? 

Universal is located in the beautiful South Florida city of Fort Lauderdale.  They are a publically traded company that posted a net profit of over $4 million this past quarter.  A much improved carrier for financial performance when compared to the $2 million plus loss in the fourth quarter last year.  They have seen a large increase in direct premiums over this past quarter, which should have their investors very happy.  As Floridian purchasing homeowners insurance, I guess we like to see the carriers we do business with turn a profit, which shows the ability to pay a claim.  How much profit is too much?

President and CEO Sean Downes recently said, “Our full-year 2012 results reflected the successful execution of our business plan leading to better underwriting margins compared to a year ago”.

The increase in profit was likely to do the approval of a 14% increase in premiums earlier this year.  Getting that regulatory approval must have been tough, but they were able to squeak it through. 

If you are looking for a quality company to insure your home, Universal Insurance is top notch.  They have a strong balance sheet with the ability to pay claims.  This is probably the most important issue homeowners in Florida should look into.  It is not always wise to buy just on price.  Get a Universal quote today.  

January 17, 2013 - 00:45

If you are a homeowners in Florida, you must be feeling the pain right now.  Most insurance premiums in the state have doubled over the past decade.  A recent report that was offered by the AP noted that an average Florida homeowners is paying double the amount on premiums.  The doubling in price has occurred over the the last six years.  Does that mean your premiums will go another 30-40% over the next three or four years? I guess only time will tell, but in the meantime, it is best to be a savvy consumer.  Make sure you SHOP your insurance rates every year!


  1. Make sure you take off all unnecessary coverage. 
  2. Take a quick look at increasing your deductible.  (This isn't for everyone, but it will reduce your premium)  Make sure that you understand, the higher the deductible, the more risk you are going to take on claim.
  3. Ask your agent for all discounts.  (Especially if you are in Florida, make sure you ask for all home specific discounts)


December 14, 2012 - 20:56


Jacksonville, Florida -- We know that homeowners insurance carriers in Florida are having a tough time keeping rates in check.  We all anticipate a New Year with new home insurance rates.  Most likely this is due to the high amount of natural disasters that have occurred in Florida and around the country. 

Many homeowners in Florida jumped on the band wagon moving to Citizens Property Insurance Company because they were the last carrier standing to offer coverage.  The state of Florida recently approved a 10.8 percent increase in premiums for 2013.   Florida’s Insurance Commissioner called the increases necessary, as we need to move over to “actuarially supported rates.”

State Farm Insurance Company is the third largest home insurance company doing business in Fl.  They were just approved for a 6.9% increase for upcoming renewals.  State Farm still has nearly 1.4 million policies on the books in Florida even though they stopped selling new policies many years ago. 

It looks like you will be shopping for more than Christmas presents this Holiday Season.  A review of your home insurance policy might be on Santa’s list as well. 

Read More Here:  http://www.webwire.com/ViewPressRel.asp?aId=167021

December 8, 2012 - 02:31


Florida’s Governor, Mr. Rick Scott, alongside many other lawmakers in Tallahassee Florida this week, have announced they are going to implement better programs to make sure residents of Florida are better prepared to understand many of the costs linked with homeowners insurance.  They really want to educate the public to understand that Florida might be one large “Sandy” like storm away from a major home insurance catastrophe.

Scott was quoted saying that solid efforts should ensure that Florida home insurance policyholders are better aware that the state is doing everything possible to help strengthen the house market industry in the Sunshine state.

He pointed out that these educational programs will probably cause higher assessments across the spectrum when the state-backed insurers are not really capable of producing and meeting its claims payments requirements in the future.

The survey conducted offered that more than 80 percent of homeowners insurance customers in Florida have no clue that possible assessments are lingering in the near future. 

These consumers don’t completely understand that if the Florida Hurricane Catastrophe Fund and Citizens Property Insurance Corp. find themselves unable with to pay claims after a major storm hits either Florida coast, that it will be the policyholders that are charged large assessments.

We all know the struggles many insurance companies have had over the years in Florida.  There is a great deal of controversy over making the proper changes necessary to Citzens and private insurers.  This all being connected to the ability to offer affordable homeowners insurance to a state where 80 percent or more of the residents live within hurricane prone areas.  What should we do to fix this problem?

November 17, 2012 - 02:02

One of the largest storms ever to hit the United States started as Tropical Storm Sandy, but ended up turning into a devastating Hurricane that wreaked havoc on many homeowners located in Maryland, New Jersey and New York.  Many of the homeowner’s insurance companies doing business in these areas will be out serious claims dollars in the months ahead.   Do you think some of these carriers will go out of business?  What are the odds policyholders in these states will see dramatic premium increases?

Most insurance carriers do not just raise home insurance premiums due to one large catastrophe, but since this was such a large storm, with damages in the $20 billion range, you can be sure these carriers will have to increase premiums to stay in business.  Everyone across America feels compassion for the homeowners in these areas.   We at www.PremierHomeownersInsurance.com pray for the devastated areas to have a speedy recovery!  Let us know your thoughts in how everyone can help the victims of Hurricane Sandy today!

Read More Here:  http://www.webwire.com/ViewPressRel.asp?aId=164872

November 9, 2012 - 20:42

Ponte Vedra, Florida -- We all know that hurricane Sandy earned the “Superstorm” nickname. The mixture of a hurricane and Nor’easter offered high winds and high water, flooding the majority of New York City, while erasing landmarks from North Carolina to New Jersey.  Typically, Florida is the state that gets hit with these types of storms, was the Northeast ready for a catastrophe of this magnitude?

Coastal cities and towns from West Virginia to Connecticut touched Sandy’s vigorous power, and in the coming weeks and months local residents will likely face another large problem: less accessibility of homeowners’ insurance and much higher premiums. America needs to start looking into offering national catastrophe fund to help relax future blows by spreading larger amounts of risk across all states, allowing for the “pre-funding” of future unknown disaster that reach our shores. 

This is for sure helpful for a state like Florida or other coastal areas, but imagines how such a plan sounds to paying taxes that aren’t affected by hurricanes, like “Sandy”. The real basic truth is that these other states are paying for natural disasters anyway, in the form of the Federal Emergency Management Agency (FEMA) and state government post-disaster assistance.

Hurricane Sandy is just the most recent example of how hurricanes don’t always pick favorites. The cost of homeowner damage and lost business ranges from, depending on the forecaster, $10 billion to $50 billion, which will make Hurricane Sandy among the top four most expensive natural disasters on record. And who says “the big one” has to be a hurricane? We know that in 2011 alone, wildfires burned nearly 400,000 acres and caused $7 billion in damage in states like Texas, New Mexico, and Arizona. Upper Midwest and Mississippi River flooding combined totaled more than $6billion in damage, and deadly tornadoes ripped through the Midwest and Southeast causing $11 billion paid insurance damage.

What about tsunamis, earthquakes, and drought? No state is immune from natural disasters. If multiple states pooled their catastrophic risk, they would achieve an economy of scale and risk diversity that would effectively lower their cost of reinsurance in a way that states cannot achieve on their own.

In the sunshine state, “Florida”, we struggle tremendously with the availability and affordability of home quality Florida homeowners insurance, something our networks along the Gulf and sea coasts are already beginning to know too well. Pooling state resources under a national catastrophe fund model would, in essence, provide a backstop for all private insurance companies, and might lower rates for all homeowners.   That, in turn, would make the private home insurance marketplace more stable, add competition among insurers for non-catastrophic perils, and help prevent company insolvencies and marketplace disruption in the future.

All mathematicians know that the spreading risk is a proven economic principle that makes insurance more affordable and plentiful. While the definition of what constitutes a natural disaster is somewhat controversial, there is no question that some natural disasters will exceed the financial capacity of state funds. Only a program that is national in scope can generate enough capacity to cover the most costly disasters. A national catastrophe fund is long overdue, and Congress should put it in place.