Park & Associates Inc Blog
View the latest blog posts from Park & Associates Inc.
Monday, August 1, 2022Homeowners insurance policies typically include personal property coverage under Coverage C. Personal property coverage helps protect your personal belongings which may include clothes, electronics, furniture, etc. from certain perils up to the coverage limit in your policy. READ MORE >>
Tuesday, June 21, 2022 In late May the Florida Legislature passed two bills that were meant to stabilize the “troubled” property insurance market. If you have property or have talked to someone who has property insurance this year, you probably know what I am referring to. READ MORE >>
Tuesday, May 10, 2022We are all seeing higher than usual insurance prices this year. Today I heard someone tell me that they were told by another local insurance agent that the reason for their increase was due to inflation. That was the first I had heard this reason and, in my humble opinion, it does ring true to our agency’s experience. READ MORE >>
Tuesday, April 5, 2022Many condo owners ask why they need a condo policy for their unit when there is a Condo Association Master Policy. The master policy generally covers the building structure and its surrounding property. However, the master policy does not provide individual coverage for units and it’s recommended that a condo policy, known as a HO6, be purchased. READ MORE >>
Tuesday, March 1, 2022Recently I was asked to provide three reasons why working with Park & Associates is different than the countless other insurance agencies you find in South Florida and across the state. This is a question I loved receiving as more often than not insurance agents/consultants are considered to be “all the same”. READ MORE >>
Tuesday, February 1, 2022As a homeowner, documenting receipts and invoices for big-item spending on renovations or improvements is highly effective during a claim process. You should ask your insurance consultant if your policy covers specific possessions separate from the house structure. READ MORE >>
Friday, January 7, 2022Maybe your New Year’s resolution was to renovate your home. Maybe you received a generous gift from a loved one. In the midst of all this excitement, did you think to discuss these new plans/gifts with your insurance consultant? READ MORE >>
Monday, December 6, 2021You discovered your business opportunity and you are forming relevant long term contacts to grow the business. In the midst of all this excitement and planning, have you consulted with all critical individuals to implement and achieve your business plan? Who would those resources be? READ MORE >>
Tuesday, November 2, 2021Many businesses do not have coverage for Employment Practices Liability (EPLI) and do not realize the importance of the coverage until it is too late and a suit has already been brought against them.
EPLI provides coverage for employers against suits and allegations from a potential hire to a fo... READ MORE >>
Friday, October 1, 2021Homeowner policies include coverage for your personal property which includes items such as clothing, electronics and furniture etc. There are two types of coverage options for your personal items. Replacement cost and actual cash value refers to how your homeowner policy reimburses you for damage to your personal items after a covered loss. READ MORE >>