Why Property Insurance is a Dumpster Fire - Episode 402

Crushing Debt

English - December 21, 2023 11:00 - 32 minutes - 35.6 MB - ★★★★★ - 25 ratings
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Previous Episode: 15 Reasons People Go Broke - Episode 401

Next Episode: Is Life Insurance Worth it? Episode 403

Why are homeowner insurance premiums on the rise?

What happened to the insurance market?

What is reinsurance and how does it affect your premiums?

On this week's episode, Shawn and George welcome back Rich Ficca, owner of Advanced Rick Consultants and Director of Risk Management for Florida Coastal and Aureat Group.

Rich has been on four episodes previously:

Episodes 221 and 220 - Business Interruption Insurances (parts 1 & 2) Episode 210 - COVID Episode 69 - Hurricane Preparedness

We talk about why the homeowner's insurance market in Florida is doing what it is doing; why premiums are increasing; options if your premium has increased significantly; and the future outlook of the insurance market in Florida.

Let us know if you enjoy this episode and, if so, please share it with your friends!

Please also visit our sponsor, Sam Cohen of Attorneys First Insurance for Attorneys and Title Companies looking to get a quote on Errors & Ommissions (malpractice) Insurance coverage. www.AttorneysFirst.com.

Or, you can support the show by visiting our new Patreon page: https://www.patreon.com/crushingDebt

To contact George Curbelo, you can email him at [email protected] or follow his Tiktok channel - https://www.tiktok.com/@curbelofinancialcoach

To contact Shawn Yesner, you can email him at [email protected] or visit www.YesnerLaw.com.