Understanding Coinsurance

One way clients try to lower their property insurance premiums is to buy coverage for less than 100 percent of the value of the property. Within certain limits, this can be effective, though you need to remember that when you … Continue reading

Is Your Homeowners Insurance Rate Going Up? Here’s Why

Central Florida is a great place to live—we have great beaches, warm temperatures, and a laid-back lifestyle. We also have the second highest average homeowners insurance premiums in the U.S., and our homeowners insurance rates are most likely about to … Continue reading

Consumers Beware: Your Cheap Insurance Is Probably Cheap for a Reason

While no one wants to pay too much for their insurance, Bradenton/Sarasota consumers need to be cautious if they get insurance quotes that seem too cheap. There’s usually a reason for that—such as the policy being quoted is stripped down … Continue reading

Is Your Homeowners Insurance Company Going Out of Business? Let Us Help

Florida homeowners insurance is some of the most expensive in the nation, and the homeowners market here is one of the most complex for property insurers. Homeowners insurance companies in Florida must deal with many financial challenges, including claims from … Continue reading

Tips for a Safer Thanksgiving

As you prepare to gather with family and friends for Thanksgiving, Lakewood Financial wants to thank you for your business, and wish you a happy holiday. We also want to remind you of a few Thanksgiving safety precautions to take … Continue reading

Extra Protection With American Integrity

During October, we’ve introduced you to one of our trusted partners, American Integrity. Not only does American Integrity offer programs for small boat owners and owners of high value homes, they also write coverage for more modest homes, condos, manufactured … Continue reading

Watch Out for Scary Homeowners Insurance Surprises

A standard homeowners insurance policy covers many perils, such as damage or loss caused by theft, fire, or storms. It also protects you if you could be held legally responsible if someone is hurt or killed on your property.  But … Continue reading

Your Dream Home Is Covered With American Integrity’s High Value Home Program

Your home is your pride and joy. Not only does it shelter your family and welcome your friends, it’s likely your most valuable financial asset. That’s why it’s so important to purchase the right homeowners insurance. And for those of … Continue reading

Just Married? Time to Review Your Insurance Coverage

Now that you’ve opened the presents and returned from your honeymoon, it’s time to consider some of the changes getting married will bring to your financial life. For instance, if you haven’t done so already, you should review your insurance … Continue reading

Got Great Credit? Let Us Save You Money on Your Auto and Home Insurance!

What does your credit score have to do with insurance rates? Plenty. Since the 1990s insurance companies have been using consumers’ credit scores to help set insurance premiums. Industry studies have indicated that using credit-based scores helps insurance companies better … Continue reading