Builder’s risk insurance, sometimes referred to as construction insurance, covers a contractor’s property, material and equipment relating to a building or project under construction. It can be used to cover ground-up new structures or the renovation of existing structures. The…
When you decide you want to buy your first home, homeowners insurance may not be the first thing you think about. However, most mortgage lenders require you to have homeowners insurance before they will approve your loan. There are a…
Despite legislative reforms passed during the 2021 Legislative Session, Florida’s homeowners have continued to see dramatic property rate increases. At the same time, the insurance industry is losing billions to unnecessary lawsuits from third-party contractors. In the first three quarters…
If you own a vehicle, you should own an auto insurance policy. Have you ever wondered how the cost of your policy is determined? There are a number of different factors that impact the cost of your auto insurance. While…
Greetings – BAIS Client Family, I hope you are staying healthy. One of our goals at Bay Area Insurance Shop is to educate our clients in matters of insurance. Recently, I have had many clients approach me with questions regarding…