Zot Insurance Agency

Does Your Home Have Poly Pipes? Getting Insurance May Be Difficult A South Florida homeowner says she can’t get property insurance due to the plumbing in her house — and she’s not alone.

Living Nightmare: Homeowners It’s not just renters feeling the pinch when it comes to affordable housing in Florida. Tonight, 7’s Patrick Fraser continues our living nightmare stories with...

Sixth Florida property-insurance company goes under When property insurers become insolvent, the non-profit Florida Insurance Guaranty Association typically steps in to pay claims.

Installing rooftop solar panels can get your home insurance canceled Rooftop solar customers say insurance companies are refusing to cover them or canceling them if they install solar panels. If you are considering getting solar, here's what you need to know to make sure you stay insured.

Florida insurers face ratings change that could raise costs A ratings agency has plans to downgrade more than two dozen Florida-based property insurance companies in a move that could cost more money for homeowners with loans.

FL homeowners face still-rising property insurance premiums; regulators review hefty rate hikes - Florida Phoenix More increases in property-insurance premiums are in the pipeline for Florida homeowners, whose property-insurance costs already are far above the national average. The Florida Office of Insurance Regulation is evaluating requests from three private property insurance companies to raise their rates:...

68,200 home insurance policies to be canceled as hurricane season begins More than 68,000 policyholders of three insurance companies owned by Sunrise-based FedNat Holding Group are in for a rude surprise just as hurricane season is getting underway: They'll be getting 45-day notices of cancellation and will have to find a new company or go to state-owned Citizens Propert...

Auto insurance costs Floridians more than nearly everywhere else in the U.S., study finds Florida drivers pay the second-highest share of their incomes on auto insurance in the nation, behind only Louisiana. Why? Basically because we're lousy drivers who get in lots of crashes, we stage crashes with injuries to drive up medical bills, we let windshield installers give us gift cards so th...

“It's Unfair”: South Florida Homeowners Worry About Impact of Rising Property Insurance Premiums For nearly 16 years, Linda Marshall has enjoyed living in her Deerfield Beach home. It’s a place full of memories with her late husband. “At my age, we live on memories,” she said. It’s why Marshall wants to live there for the rest of her life. “I want them to carry me out of here,” she ...

Grim new developments reveal more trouble in Florida home insurance market The news keeps getting grimmer for Florida insurance customers: Displaced policyholders with open claims are having trouble getting new coverage; a financial stability ratings firm is asking for a special legislative session to tackle a looming funding crisis; and a leading insurer of homes worth $1...

Citizens Insurance customers to pay hundreds of dollars more next year Citizens Property Insurance Corp. customers across Florida will all be subject to rate increases of 11% in 2022 and 12% in 2023 if state regulators approve proposals OK'd on Wednesday by the state-owned company's board of directors.

Citizens comes up with another way to raise rates | Letters to the editor A reader has sticker shock over his Citizens Property Insurance renewal notice.

The biggest kink in America’s supply chain: Not enough truck drivers Truck drivers have been in short supply for years, but a wave of retirements combined with those simply quitting for less stressful jobs is exacerbating the supply chain crisis in the United States.

Get ready to dig deeper: Despite reforms, insurers warn consumers that more rate hikes are coming Insurance officials in Florida are telling homeowners not to expect any break from steadily rising insurance rates any time soon. Lawmakers last year enacted reforms aimed at quelling increased fraud and lawsuits. They want to see how those work before embracing any major new changes.

Citizens Insurance may push you toward more expensive insurers State-owned Citizens Property Insurance Corp. wants to make it harder for its policyholders to reject coverage offers from private-market insurers. The company is seeking to pare down, or slow growth of, the 700,000 policies held by the "insurer of last resort."

New flood maps would require thousands in Broward County to buy insurance The Federal Emergency Management Agency released maps that enlarge flood zones in Broward County, especially in the south, using new data on hurricanes, sea level, land elevation and storm surge. The largest number of properties added to flood zones would be in Miramar, Fort Lauderdale, Pembroke Pin...

https://www.sun-sentinel.com/business/money/fl-bz-home-insurers-rejecting-customers-without-new-roofs-20210725-6gd27a6asvbzfoqxtt6lvfvoz4-story.html

Can you afford a new roof? If not, you might not be able to find home insurance Homeowners will have to shell out tens of thousands of dollars to replace their roofs — regardless of whether those roofs are failing — because insurers don't want to pay for roof replacements.

Citizens Insurance wants more home inspections, which could drive up owners’ costs Citizens wants to increase its number of home inspections from about 5,000 in 2020 to more than 90,000 by 2025.

Should you care if no-fault auto insurance gets repealed? An effort to repeal Florida's $10,000 no-fault insurance law and replace it with one the requires drivers to carry increased levels of bodily injury liability coverage took a big leap forward as a key state House committee cleared a bill to advance to the full House of Representatives. A similar bil...

You might not lose your full roof replacement insurance after all Prospects are dimming for changes to Florida law that would allow insurers to roll back roof replacement coverage. That could keep insurance costs rising and private-market coverage hard to find, experts warn.

Get ready to pay more for flood insurance now too!

Floridians are underpaying for flood insurance, study finds. Get ready for costs to rise If you live in Florida, you should probably be paying more for flood insurance. And you likely will be soon. That first finding is the conclusion of a new analysis by First Street Foundation, a nonprofit research group focused on climate impacts on property value, which found that the majority of Fl...

Terrible news

Florida consumers 'flabbergasted' as property insurers push for double-digit rate hikes Florida property insurers are jacking up rates by double-digit percentages, blaming the hikes on lingering damage from past hurricanes, a wave of litigation, and a law that encourages lawyers to sue by allowing courts to award them big fees.

Home insurance benefits could shrink to head off the ‘spiral towards collapse’ With Florida's insurance market at a crisis point, lawmakers will look for ways to stabilize costs for homeowners. But that means lowering policy value, including eliminating full roof replacement coverage.

Not good news.

Florida's Property Insurance Market Is 'Spiraling Towards Collapse' Due to Litigation: Report Florida's property insurance market is "spiraling towards collapse" and requires immediate attention if there is any chance of protecting the market,

Seeking 220/440 part time or full time personal lines insurance agent. Minimum of 1 year experience. Commercial experience a plus. Bilingual a plus.
Must have:
Good communication skills
Good computer skills
Be organized
Be motivated
Excellent customer service skills

Insurers using RICO Act to strike back against alleged fraud Two Florida insurance companies are using a powerful legal tool to take the offensive against alleged insurance fraud — the Racketeer Influenced and Corrupt Organizations Act, or RICO. It was originally used by prosecutors to battle organized crime.