February 21, 2022
AgencyThree 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. Florida residents file thousands of water damage claims every year. Water damage claims […]
February 7, 2022
AgencyLakewood 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. Lakewood Financial can help you with all your commercial insurance needs, but today we’re going to […]
January 24, 2022
AgencyFlorida Home and Auto Premiums Are Skyrocketing—Is There Anything You Can Do?
Almost every day we receive calls or emails from upset clients whose insurance premiums are going up, even when they’ve never made a claim. Some policies are going up by hundreds of dollars per year—what is happening? The Florida insurance market is in crisis, particularly the homeowners and auto insurance sectors. A perfect storm of […]
January 10, 2022
AgencyMake These Insurance Resolutions for the New Year
At the start of a new year, many people resolve to get their finances in order. Lakewood Financial would like to remind you that appropriate insurance coverage is one of the best ways you can protect yourself from financial disaster. Insurance can protect your most valuable assets, like your home and your vehicle, protect you […]
December 22, 2021
AgencyCommon Terms Included in Medicare Part D Coverage
If you are planning to enroll in Medicare, then you will need to take the extra step of enrolling in Medicare Part D coverage if you want to receive prescription drug benefits. This separate benefit, offered by private insurers, is the primary source of prescription drug coverage for Medicare patients, and given the high costs […]
December 20, 2021
AgencyHome Shopping in Bradenton/Sarasota? These Factors Can Affect Your Homeowners Insurance Rates
If you’re looking for a home in the Bradenton/Sarasota area, you’re home shopping in a real estate market that’s as hot as one of our August days! In fact, our area is ranked the No. 17 housing market in the nation! As thrilling as buying a home can be, it is a big investment and […]
December 6, 2021
AgencyCan Supply Chain Problems Affect Your Car Insurance?
Florida drivers already pay some of the highest car insurance rates in the nation, and those rates are likely to go up in the near future. Why? Because insurance companies’ claims costs are skyrocketing, and strange though it may seem, supply chain and other pandemic-driven causes are contributing. Shortages and supply chain issues Because of […]
November 22, 2021
AgencySimple Ways to Avoid Holiday Hazards
The holidays are almost here! You’re probably looking forward to spending time with family and friends, enjoying delicious meals, and giving and receiving gifts. Maybe you’re even going to travel to spend a holiday with far off loved ones. As you prepare to travel or host festivities for family or friends, Lakewood Financial would like […]
November 8, 2021
AgencyFall Maintenance for Your Florida Home
Florida homeowners may not have to prepare for cold weather the same way our northern neighbors do—but fall is still a great time to perform some important home maintenance tasks. Keeping your home in good shape will save you money by preventing expensive home repairs later, and is more likely to help your home withstand […]
October 25, 2021
AgencyWith NFIP Flood Insurance Prices Rising, Is It Time to Consider Private Flood Insurance?
Insuring a home in a flood zone has just become more expensive. Recent changes to the National Flood Insurance Program (NFIP) went into effect Oct. 1, 2021 for all new flood insurance policies, and will begin affecting existing flood policies at renewal. Under the new program, called Risk Rating 2.0, 80 percent of Florida’s flood […]