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The "American Dream" can have many definitions, but it often entails homeownership. Owning a home is about more than just pride, it also creates an opportunity to build financial freedom. Homeowners have control over their home and build equity as they pay down their mortgage. Unfortunately, many homeowners have seen rising homeowners insurance premiums. Premiums typically increase with inflation but recently we've seen increases as high as double digits. A recent article from FloridaRealtors.org explains why these rate increases are becoming common for Florida residents: Property Insurance Rates Going Up for Many Fla. Homeowners.
The Allegiant Private Advisors team has prepared a few tips for how to handle a premium increase.
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Sarasota, Florida 34236
Telephone (941) 365-3745
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Advisory Services offered through Allegiant Private Advisors, LLC, a Registered Investment Adviser