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Prestige Insurance Group, Inc. Blog: home insurance

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You've been searching for the perfect house for months. Finally, you find the one. After your offer is accepted and a small mountain of paperwork is signed, it's yours. What are you going to do next? If you're smart, before you pack a single box, you will make sure your home insurance has you covered for whatever life might have in store. READ MORE >>

The majority of courts that have considered the question of whether an independent insurance adjuster can be held liable for negligence to policyholders arising from the administration of claims have rejected the cause of action of adjuster negligence. READ MORE >>

Five years ago, the housing market was in such bad shape in Miami that developers stopped building. Today, 94 towers are under construction – three featuring penthouses with price tags of $50 million or higher. Two with similar list prices have already gone into contract. READ MORE >>

Would you rent your home to a total stranger? This may seem like a daunting prospect at first, but internet companies like Airbnb, HomeAway and VBRO have helped millions of people to do just that. Reassured by social media tools that allow users to rate and review their transactions and recommend... READ MORE >>

PORTLAND, OR - A set of Portland condo owners who said they experienced several plumbing issues after moving in have collected a $2 million judgment. Jurors gave compensatory damages to the Benson Tower Homeowners Association, which represents owners of units at the Southwest 11th Avenue and Clay Street development. READ MORE >>

According to the National Fire Protection Association, electrical fires account for 13 percent of home fires. Although houses with old electrical wiring are at high risk, even a recently built home can have an electrical fire. This is because electrical fires have many causes besides old wiring. READ MORE >>

The rise in South Florida housing prices is not in line with nearly stagnant incomes, making the local housing market one of the least affordable in the nation, according to Interest.com. The website, a subsidiary of North Palm Beach-based Bankrate, looked at housing affordability in the 25 largest metro markets. READ MORE >>

Cash continues to dominate home sales in South Florida, a new report shows. Roughly six of 10 Palm Beach County buyers paid cash in the third quarter, down slightly from a year ago but still well above the national average of 33.9 percent, according to RealtyTrac, a foreclosure listing firm based in Irvine, Calif. READ MORE >>

Citizens Property Insurance really doesn't want your business. So much so that some homeowners feel they're being misled, if not outright deceived, as they're strongly nudged to go elsewhere. At the urging of politicians and the state regulators who control it, Citizens has been shifting hundr... READ MORE >>

A second sinkhole has opened in Pasco, Florida next door to the home where a car was swallowed after a 10-foot-wide crater opened in the ground on Monday. Geologists have been called in to survey the hole which initially opened at a width of five-feet, but by mid-afternoon on Tuesday had expanded to the same size as the first depression. READ MORE >>

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