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Park & Associates Inc Blog

View the latest blog posts from Park & Associates Inc.

Wednesday, October 11, 2023

3rd Quarter Insurance Market Update

Welcome to your 3rd Quarter Insurance Market Update provided by your favorite local independent insurance agency, Park & Associates! This quarter we are going to focus on the homeowners and condominium association insurance marketplace. READ MORE >>

Wednesday, June 21, 2023

2nd Quarter Insurance Market Update

Welcome to your 2nd Quarter Insurance Market Update provided by your favorite local independent insurance agency, Park & Associates! Moving forward we will be releasing a quarterly insurance market update to make sure that you, our clients, are as informed as possible on the current state of the insurance industry. READ MORE >>

Thursday, January 5, 2023

Miya’s Law – A New Florida Law Affecting Property Management Companies

On July 1, 2022 a new Florida law took effect with the hopes of strengthening safety measures surrounding the property management and apartment industries in our state called “Miya’s Law”. The law requires background checks for all prospective employees of property management companies and apartment complex’s as a condition of employment. READ MORE >>

Wednesday, October 5, 2022

What Steps Can Drivers Take to Lower Their Car Insurance Costs?

There are a number of things a driver can do to lower their insurance costs. One of the biggest discounts in today’s market is a “pay-in-full” discount. If a driver chooses to pay their entire premium upfront versus spreading the cost out through the life of a policy they will see significant savings. READ MORE >>

Thursday, September 1, 2022

How To Save Money on Leak Detection

In the last several years, the Florida property insurance market underwent numerous changes, arguably “Limited Water” being the most notable one of them, making it the new industry standard for water damage claims. READ MORE >>

Monday, August 1, 2022

Does Homeowners Insurance Cover Personal Property in a Storage Unit?

Homeowners 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

2022 Legislative Updates to Florida Property Market

  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, 2022

Why Association Insurance Premiums Are At An All Time High In Florida

We 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, 2022

Why You Need Condo Insurance

Many 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, 2022

The Value of Park & Associates Insurance Agency

Recently 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 >>

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  • homeowners association insurance responsibilities(2)
  • building ordinance & law coverage insurance association(2)
  • personal property covered in storage unit(1)
  • insurance market update florida(1)
  • what to do in a claim; inventory(1)
  • save car insurance(1)
  • homeowners(1)
  • business income property insurance(1)
  • homeowners water monitoring system insurance discount(1)
  • homeowners insurance not covered; homeowners exclusions(1)
  • value offered by an insurance agency(1)
  • solutions ot reduce insurance costs(1)
  • personal property – replacement cost vs actual cash value(1)
  • business contract review by insurance consultant attorney and accountant i(1)
  • property insurance deductibles florida(1)
  • property owners insurance coverage needed building ordinance or law(1)
  • property insurance deductibles(1)
  • why buy flood insurance(1)
  • blanket additional insured and contracts liability coverage(1)
  • evaluate home insurance inventory belonging in new year(1)
  • fema(1)
  • insurance cost coverage 2021(1)
  • association crime insurance(1)
  • homeowners association insurance responsibilities series of three blogs(1)
  • auto insurance stacked and non-stacked coverage(1)
  • environmental impairment liability insurance pollution(1)
  • how to calculate business income property insurance(1)
  • building ordinance & law coverage insurance commercial property(1)
  • extortion ransomware association cyber liability insurance(1)
  • florida association employee background criminal check mita's law(1)
  • insurance disclosure information risk exposures(1)
  • epli insurance(1)
  • association insurance high premium(1)
  • legislative updates to fl property market(1)
  • condo insurance home property liability(1)
  • property insurance deductible florida(1)
  • crime coverage(1)
  • florida ordinance and law coverage insurance building coverage(1)

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