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Home > Blog > Lakewood Financial Services, Inc. Blog Page 2
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Lakewood Financial Services, Inc. Blog Page 2

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

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Monday, September 26, 2022

Insurance 101: Understanding Your Deductibles

The high cost of home and auto insurance in Florida has us all thinking about ways to save money on policy premiums. While many factors are beyond your control, one that may help save money is your policy deductible. Generally, a higher deductible means lower premiums. A lower deductible means your premiums will be higher. READ MORE >>

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Monday, September 12, 2022

Water Damage: What Your Homeowners Insurance Will—and WON’T—Cover

When you buy a homeowners insurance policy, you’re purchasing protection for your family’s safe haven as well as your most valuable asset. A homeowners policy is intended to help you recover from a sudden and accidental loss, likely an expensive one, such as fire, lightning, hail, etc. READ MORE >>

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Monday, August 22, 2022

How Inflation Is Affecting Your Insurance Rates and What You Can Do About It

Florida residents already pay some of the highest auto and home insurance rates in the country—and now inflation is making it worse. Some of the same factors driving inflation in general are driving premium increases across nearly all lines of insurance. READ MORE >>

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Monday, August 8, 2022

Insurance Tips for Back-to-School Season

Believe it or not, it’s already back-to-school season! Younger kids go back to school this week, and college students follow soon after. If you’re a parent, upcoming events in your kids’ lives could impact your insurance coverage. READ MORE >>

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Monday, July 25, 2022

Protect Yourself from Lawsuits with an Umbrella Policy

Homeowners insurance and auto insurance play important roles in protecting your financial assets. Not only do they help to repair or replace your own property, your insurance policies cover your financial liability if you are at fault in an accident or if someone is injured while on your property. READ MORE >>

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Monday, July 11, 2022

Safe Grilling Tips for National Grilling Month

Ah, the smell of backyard barbecue—one of the best aromas of summer! July is National Grilling Month, and the height of “grilling season” across the US. And while most people go their whole lifetimes without an incident, July is also peak month for grill fires, resulting in thousands of injuries and millions of dollars of property damage each year. READ MORE >>

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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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