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Fast-Growing Internet Firm and Major Insurance Company Partner to Offer Florida Residents Lower Home Insurance Rates

Fast-Growing Internet Firm and Major Insurance Company Partner to Offer Florida Residents Lower Home Insurance Rates











Clinton Township, MI (Vocus) June 12, 2009

With the crisis in the Florida Property Insurance market looming and just 10 days into hurricane season, leading comparison shopping site RateElert.com has added Ark Royal and ASI Underwriters to its growing network of insurance providers to help Florida Homeowners shop for and compare Home Insurance Rates with a click of a mouse.

Experts agree the best way to save money on Home Insurance is to shop around for the best deal. However, for most Florida property owners this task is not as easy as it seems. With State Farm’s announcement to discontinue insuring homes in Florida and plans to cancel the home insurance coverage for over 1,500,000 policyholders, residents are now faced with a tough challenge unlike any other part of the country.

“Not all the time it’s about finding the cheapest rate for Florida residents, sometimes we are happy to just find a company willing to insure them period. Adding Ark Royal and ASI Underwriters to the RateElert platfom will offer our users another opportunity to find the best rate,” said Brian Hannigan, spokesman for RateElert.com.

By completing a simple no-obligation form on RateElert.com with information about their home, Florida property owners will be matched in real-time with up to 5 different insurance companies who can provide them coverage at affordable rates in less than 10 minutes. This time saving application saves consumers from having to call over 20 different carriers just to find if they will insure their home and at what rate.

Some Florida insurance companies only do business in certain parts of the state, so utilizing a free matching service like RateElert will help residents cut through the red tape in finding the lowest Home Insurance rate possible in their local area.

At a time of rising prices and economic uncertainty, many consumers are looking for innovative ways to hold on to their cash. Since its launch into the state of Florida last month, RateElert.com has reported matching over 4,900 residents with affordable home insurance providers and expects that number to reach over 50,000 by year end.

About RateElert.com:

RateElert is a consumer insurance shopping site that combines the power of the internet and wireless technology to match consumers with local insurance agents. By offering a complete menu of insurance products, RateElert is fast becoming the preferred website for North American Households shopping for insurance.

About Ark Royal and ASI Underwriters:

Ark Royal is managed by ASI Underwriters, a proven insurance group offering policies through independent agents in states across the country. The company has provided Florida property insurance since 1998 and is known for financial stability in turbulent times. In fact, ASI registered the lowest ratio of complaints with the state of Florida to overall hurricane claims during the difficult 2004 season. Today, the company is rated as A-/Excellent and stable by AM Best.

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Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.









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Landlord Tips to Lower the Cost of Investment Property Insurance

Article by Alan Kappauf









Investment properties can be a good source of income even in a less-than-ideal economy. A great way to maximize your profit is to keep the cost of owning the property down. One area to scrutinize is your property insurance policy. Since insurance premiums are usually higher on a rental home, it makes sense to try for the lowest rate possible and still get the coverage you need. Here are some strategies for saving money on investment property insurance.

One of the best ways to save money on insurance is to shop around for the best coverage at the lowest price. Try to get at least three quotes from different insurance companies, and if possible, try to speak with an agent personally, rather than just looking at figures on the internet. Some companies specialize in working with rental properties, so you may want to compare their rates with those of standard insurance companies.

Another way to lower insurance costs is to look for a higher deductible. Going from a 0 to ,000 deductible can make quite a difference in monthly premiums. So, you’ll want to get the highest deductible that you can safely afford.

Also, be sure to inquire about any discounts the company offers. For example, insurers will usually lower premiums on houses with safety features such as smoke and carbon monoxide detectors, deadbolt locks, sprinklers and alarm systems. Certain types of roofing materials may qualify for discounts if they can withstand hail or wind damage. There may also be discounts for certain types of tenants. For example, people that are home more often, such as retirees or stay-at-home moms, may be a deterrent to burglars. They are also more likely to stop or report a fire than tenants who are often away from home. Also, be sure to check for multiple policy discounts if you own more than one property. If you haven’t filed a claim in a while, check to see if the company will lower your premiums for this reason.

Additionally, check to make sure that you are only insuring your property’s value and not the value of the actual land it is built on. For example, land is unlikely to be stolen or damaged, but your property might be. Also, make sure that you understand what you are being charged for. A policy that covers the actual cash value will pay only the cost of rebuilding at the current market value, while a policy that covers replacement costs will pay for the full cost of rebuilding the property.

Credit scores may also determine your cost, since some insurance companies will give lower rates for higher credit scores. Therefore, be sure to maintain good credit, and keep track of your credit score. Another thing to remember is that as a property owner, you do not need to insure your tenants’ personal belongings. Check to see if this option can be excluded from your policy and recommend that tenants purchase their own renter’s insurance.

The bottom line is that by looking at all of your insurance options, you may be able to save money in the long run and maximize your profits. Good luck!



About the Author

Visit free-rental-property-investing-info.com for free landlord forms, tools, and no-hype educational info focusing solely on investment property. Browse topics like buying a property, landlord insurance, landlord tenant laws, and much more.










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InsuranceAgents.com Helps Customers Compare Home Insurance Quotes Online to Find Lower Insurance Rates

InsuranceAgents.com Helps Customers Compare Home Insurance Quotes Online to Find Lower Insurance Rates












Chicago, IL (PRWEB) April 14, 2011

InsuranceAgents.com is making it easier for consumers to compare home insurance rates and find the policies that best meet their needs.

Shopping for home insurance quotes is similar to shopping for the new house itself, and consumers find there are three primary aspects to the process. Consumers search out:

1.    The right coverage for their lifestyle

2.    The right price

3.    The right insurance agents who provide informed guidance to the homeowners’ insurance decision

In today’s challenging economic environment, consumers may be puzzled by the many choices available to them, especially if they are working alone without an insurance agent to help them evaluate their options. Worse yet, because home insurance covers future losses, shoppers may not be aware they made a poor choice until it’s too late, or in other words, until after they experience a loss.

Some consumers focus solely on price. This leaves them with insurance that is low in cost but may provide inadequate coverage. Other consumers ease their minds by selecting a higher cost policy, but the extra cost is not a wise expenditure if it does not match coverage to their requirements.

While first-time homeowners value the advice of an experienced insurance agent, even those who have been insured for awhile benefit by re-evaluating their coverage and rates from time to time. Soliciting annual insurance quotes from more than one insurance agent may result in cost savings due to fluctuations in the insurance market.

InsuranceAgents.com makes it easy to compare rates. After the consumer fills out a short form online, multiple insurance agents respond with home insurance quotes. The consumer can then compare these offers and choose the right one for his situation.

The website’s Knowledge Center compiles brief, helpful articles on such topics as possible gaps in coverage and how multiple home insurance quotes save money, bringing consumers up to speed quickly on information that will help them make the right decisions.

About InsuranceAgents.com

InsuranceAgents.com helps consumers make informed home insurance decisions by facilitating the comparison of insurance coverages and rates and offering ready access to helpful expert articles.

InsuranceAgents.com was ranked the 24th fastest-growing company in the U.S. by Inc Magazine in 2009. It serves thousands of agents nationwide. The company started in 2004 when Lev Barinskiy and Seth Kravitz decided to create a better way to shop for insurance online and saw there was a great opportunity to provide that service for home insurance shoppers.

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Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.







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