Monday, March 25, 2024 We’ve all done it. Taken our eyes off the road just for a second to check our phones. Or maybe we’re sipping a quick coffee on the way to work, chatting with a friend while driving home, or even consulting our navigation system to see an upcoming turn. READ MORE >>
Monday, March 11, 2024 We get this question every week from clients who are surprised and frustrated when they receive their renewal offer from their home or auto insurance company. We’ve previously discussed why Florida home and auto insurance rates are so high (see here and here), but let’s review the situation again. READ MORE >>
Monday, January 29, 2024 As your small business grows, you might consider purchasing a vehicle to use for business purposes. If you or an employee are often using your personal vehicle to drive to multiple job sites or transport clients, a company vehicle can make good sense. READ MORE >>
Monday, December 4, 2023 While skyrocketing home insurance rates in Florida have gotten all the press lately, Florida drivers are finding the cost of auto insurance is also steadily rising. Major insurers in Florida, such as Progressive, Geico, Liberty Mutual, and State Farm, have raised their rates up to 44 percent over the past year. READ MORE >>
Monday, May 22, 2023 In 2022, more than 1 million vehicles were stolen in the U.S.—an increase of 7 percent over the previous year. And industry experts say that nearly half of the time, owner errors contributed to the theft of the vehicle! READ MORE >>
Monday, November 21, 2022 As you’re shopping for home or auto insurance, you might come across the concept of the credit-based insurance score, or simply the insurance score. Hmm, that’s odd. What does credit have to do with insurance risk, and how does it affect the cost of your insurance? READ MORE >>
Monday, September 26, 2022 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 >>
Monday, April 11, 2022 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 >>
Monday, January 10, 2022 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. READ MORE >>
Monday, December 6, 2021 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. READ MORE >>
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