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Lakewood Financial Services, Inc. Blog

View the latest blog posts from Lakewood Financial Services, Inc..

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Monday, June 27, 2022

Insurance News You Can Use

The Florida insurance market is especially volatile right now, with many factors influencing the price of coverage. At Lakewood Financial, we follow developments in the insurance industry, and share them with our clients and prospective clients so you can understand some of what’s happening to the price of insurance. READ MORE >>

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Monday, June 6, 2022

Is Your Business Hurricane Ready?

Every year private residents hear a lot about preparing for hurricane season—but what if you own a business? Are there any hurricane-readiness actions Sarasota/Bradenton/Lakewood Ranch business owners should perform? Business owners should also make plans for hurricane season. READ MORE >>

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Monday, May 23, 2022

Prepare Now for the 2022 Hurricane Season

It’s that time again. Just like death and taxes, preparing for the Atlantic hurricane season every year is inevitable for Sarasota/Bradenton residents. However, just because it happens every year, doesn’t mean you should become complacent or neglect your preparations. READ MORE >>

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Monday, May 9, 2022

AOB Abuse and Fraud Help to Drive the High Cost of Insurance

If you’ve purchased or renewed homeowners insurance lately, you know that premiums are skyrocketing. While there are several factors driving Florida’s insurance crisis, our high insurance prices are, in part, due to fraud and assignment of benefits abuse. Let’s take a closer look at what’s happening. READ MORE >>

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Monday, April 25, 2022

3 Factors Raising Your Commercial Property Insurance Rates

There have been plenty of headlines lately about Florida’s skyrocketing homeowners insurance prices. Unfortunately, we’re also beginning to see rising commercial property insurance premiums as well. Some of the same troubling trends plaguing homeowners insurance are also driving up the cost of commercial property insurance. READ MORE >>

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Monday, April 11, 2022

Fatal Roads: Working Together to Reduce Traffic Deaths

After years of declines, traffic fatalities* are rising again. For decades, seat belt laws and improved vehicle safety features helped to contribute to roadway safety. In 2020, for the first time in years, roadway deaths increased, despite there being fewer cars on the roads due to pandemic lockdowns. READ MORE >>

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Monday, March 21, 2022

Help Prevent Homeowners Disasters With This Spring Maintenance Checklist

There are always plenty of things to do to maintain your Florida home—and spring is the perfect time to cross a few items off that home maintenance list. While there are many more than we’ve listed here, these spring home maintenance tasks will help you protect your home and family from two of the worst perils a homeowner can face: home fires and water damage. READ MORE >>

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Monday, March 7, 2022

Builder’s Risk—Insurance for New Builds and Renovations

In this tough real estate market, you’re excited that you found an older home to completely renovate before moving in. It’s going well—then you get the phone call. A fire burned the structure to the ground. Now what? Did you have the right insurance policy to cover your losses? READ MORE >>

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Monday, February 21, 2022

Three Things You Should Know About Water Damage

When you think of Florida, you probably also think of water. We’re lucky to have gorgeous rivers, lakes, and the ocean practically right on our doorstep. Unfortunately, we also have the ever-present threat of water damage—whether from leaks, flooding, or sewer backup. READ MORE >>

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Monday, February 7, 2022

Lakewood Financial Is Your Source for Affordable Commercial Auto Insurance in Florida

Of all the many decisions Florida business owners have, choosing the right commercial insurance coverage is one of the most important. Without proper insurance protection, you could easily find yourself in serious financial trouble—you might even lose your business. READ MORE >>

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