House value

When you’re shopping for a homeowner’s insurance policy, you might come across two key terms: Market Value and Replacement Cost Value. Understanding these concepts is crucial for making informed decisions about your insurance coverage, especially for Florida residents. Let’s break down what these terms mean and why having an accurate replacement cost valuation is so […]

Water Damage

Did you know that nearly 50% of Non-Catastrophic Homeowner’s Insurance Claims in Florida are caused by water-related incidents?* These problems often stem from common household sources such as leaky pipes, appliances, water heaters, or AC handlers. What may initially appear as minor leaks can escalate into significant damage over time. In fact, the average claim […]

As fellow Floridians, we at VYRD, understand the frustration with the rising costs for Homeowners insurance personally.  Floridians are paying the highest average premium in the US and yes, rates are expected to continue to increase.  If you are coming up for renewal expect some sticker shock.  So, what’s happening … I know many feel […]

Dollar Break down

Florida homeowners insurance provides crucial protection for property owners against potential risks and damages. Many policyholders often wonder how insurance companies manage to make money while offering competitive rates and comprehensive coverage. In this article, we will break down the economics of a Florida homeowners insurance company, explaining how each dollar of premium collected is […]

House Savings

It is frustrating how everything seems to be more expensive these days. Wouldn’t it be nice to hear some good news about costs going down for once? Well, when it comes to Florida insurance premiums, homeowners actually can see some relief in their pocketbooks – you just have to know where to look.  Talk to […]