Insurance rates have gone up a shocking amount for homeowners nationwide but especially for coastal properties. Stacy and Erin sit down with insurance agent Mandy Davis with Anderson Insurance to find out why this necessary expense has increased so drastically in the last 18 months. Listen in to understand what replacement cost is and how it is determined, how insurance companies pay out, and what factors go into pricing insurance premiums… think roofs, pools, polybutylene plumbing, claims history, even your credit score. Learn what you need to know about wind, flood, and umbrella policies and why being underinsured is a big risk!

Reach Out to Mandy: https://www.aiasc.com/

Today's episode is brought to you by Bill Payne NMLS ID#: 283298 with First Home Mortgage

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https://www.billpaynemortgagebanker.com