Header Image
Get a Free Quote
For a Free Quote, please contact our Customer Service Department at (866) 568-8922.

EDISON BLOG

Category: Homeowners Insurance 101

What to Look for When Buying A Home and Potential Insurance Impacts

When looking for a home, it is important to look for red flags which may not only include costly and aggravating fixes but may also have a major impact on your home insurance premium.

Read More

Can Home Upgrades Help You Save On Your Insurance Premium?

We would like to provide you with a few ways you could save some money on your insurance premium and a few other ways home updates could save you some money.

Read More

Annual Check-Up on Your Home and Homeowners Policy

Many things can change within a year, which could impact your insurance needs. The start of a new year is a good time to take an opportunity to review your homeowners insurance policy and your coverages.

Read More

Reviewing and Understanding your Homeowners Policy

The start of a new year is a good time to take an opportunity to review your homeowners insurance policy and your coverages. Doing so may save you some time and money should the unexpected occur.

Read More

Animal Liability Coverage from Edison Insurance Company



 


Although our four-legged friends are like members of our family, we sometimes forget they can become dangerous when agitated or scared. According to the Centers for Disease Control and Prevention, roughly 4.5 million Americans are bitten by dogs each year. With the holidays approaching and family and friends entering our homes, now is the time to make sure you can prevent dog bites and make sure you are covered should an incident occur.
 

Tips for Preventing Dog Bites:
 

  • Do not disturb a dog while it is eating, sleeping, or chewing on a toy.
  • If you notice a dog is indicating it is uncomfortable and feeling the need to bite, put a safe distance between you and the dog.
  • Children are the most common victims of dog bites. Do not leave infants or young children unaccompanied with a dog.
  • Practice caution when exposing your dog to new situations.
  • If your dog develops aggressive and frightening behaviors, seek advice from your veterinarian.

 


Animal Liability Coverage:

According to the Insurance Information Institute (iii), homeowners insurance companies throughout the country paid approximately $675 million in animal liability claims due to dog bites or other dog-related injuries in 2018.  Most standard homeowners policies do not include animal liability coverage. However, Edison Insurance Company offers animal liability coverage at a minimal cost to protect our policyholders from expenses correlated with a dog attack or dog bite. This additional coverage provides a $25,000 liability sub-limit and medical payments of $2,000.  Please note, certain restrictions may apply and will be noted in your insurance policy.  Should you be interested in adding animal liability to your policy, contact your agent.
 
 


 As a Florida homeowner, it is important to protect your property should the unexpected occur. Homeowners insurance coverage to fit the needs of your family is available through Edison Insurance Company. Should you have any questions or concerns about your policy, contact your agent, or call us at 866-568-8922. 
 
 

 

Home Buying Tips for National Mortgage Professional Month



 

 


Purchasing a home can certainly be an overwhelming, emotional, and stressful process. Whether you are a first-time homebuyer or not, it is understandable to not know all the ins and outs of buying a home. However, there are a few things you may want to be aware of to help you through the home-buying process. With the month of September being National Mortgage Professional Month, we would like to provide you with some tips to assist you with buying a home:
 

 

  • Communicate with your agent about what you are looking for.
  • Get pre-approved for a mortgage before you start house hunting.
  • Remember, you do not need 20% saved for a down payment.
  • Invest as much money as you can now, to assist in paying future mortgage payments.
  • Research the current housing market.
  • Factor in housing expenses such as property taxes and utility bills.
  • Think about what you want for the next several years.
  • Don’t forget about homeowners and flood insurance.

 
Before closing on your new home, your mortgage lender will require you to purchase homeowners insurance. Speak to your agent about obtaining your homeowners insurance through Edison Insurance Company. We offer homeowners and condo owners insurance with policies which can be tailored to meet the specific needs of you and your family. Flood damage is not typically covered under your homeowners policy, and as one of the most likely and costly disasters in the United States, you will want to purchase flood insurance for your new home.  Edison offers flood coverage as a certified endorsement to our qualifying policyholders, eliminating the need for a standalone flood insurance policy. To learn more about obtaining homeowners or flood insurance with Edison, contact your agent, or call us at 866-568-8922.
 
As a Florida homeowner, it is important to protect your property should the unexpected occur. Homeowners insurance coverage to fit the needs of your family is available through Edison Insurance Company. Our top priority is the safety of you and your family. To learn more about us, or to get a personalized quote, call us at (866) 568-8922.

3 Money-Saving Insurance Tips for National Dollar Day


August 8th is National Dollar Day, a holiday commemorating the day the U.S monetary system was established by Congress in 1786. You work hard for your dollars, and it is important you protect and save your money as much as possible. There are ways for you to not only protect your money but save some money when it comes to your homeowners insurance. Here are three ways you could save and protect your hard-earned dollars:
 
Make Sure Your Insurance Coverages are Adequate
You do not want to wait until it is time to file a claim to learn you may not have purchased enough coverage. Paying out of pocket for repairs can be quite expensive. Be sure you read through and discuss your policy coverages with your agent.
 
Ask About Discounts
Did you know you could be eligible for discounts on your insurance policy? If you have a fire alarm, a monitored burglar system, wind mitigation credits, and have made improvements to your home. Be sure to speak with your agent to see if you qualify for these or other discounts which may be available.
 
Purchase Additional Insurance/Increased Limits
Homeowner’s insurance may cover damages to personal property like clothes, furniture, and additional living expenses, should you need to move temporarily while your home is being repaired. However, it may not provide coverage for cash should it become damaged or stolen. To be protected, you may need to purchase specific coverage to insure a certain amount of cash. Edison Insurance Company offers such coverage with a limit on cash up to $200 and it may be increased to $500 with one of our Premium Packages.
 


We have taken a bright and innovative approach to Florida homeowners insurance with coverage options allowing you to customize a policy to best fit your needs. Our top priority is the safety of you and your family. To learn more about Edison Insurance Company, or to get a personalized quote, call us at (866) 568-8922.
 

Insuring and Protecting Your Valuables


 


Over the holidays, many may have received new valuable gifts. With the new year here, it is important you turn your attention to insuring and protecting your new valuables. Here are a few things to consider:
 

Avoid over-sharing: Posting pictures and videos of your new items online can greatly increase your risk of theft. As much as you may want to share your new gifts with family and friends online, you never know who else may see your posts.  
 

Update your home security: If you do not have a home security system, it is a good idea to install one for added security. It is also recommended to keep your valuables locked up in a safe location such as a lock box or safe in your home.
 

Insure your new valuables: Limits on your homeowners policy may not be enough to cover the cost of replacing your new belongings. Should you lose your items which may be worth more than the limits on your policy, you will be left to pay out of pocket. Luckily, Edison Insurance Company offers Premium Packages which allow for additional coverage for items such as jewelry, furs, and cash. To learn more about our Premium Packages and other additional coverages Edison offers, speak with your agent.
 

No matter how many precautions you may take to keep your precious belongings save, sometimes they do become misplaced or stolen. We hope you keep a few of our tips in mind to keep your items, and home as safe as possible.
 


 
Keeping your family and home safe and protected is Edison Home Insurance Company’s number one priority. We have taken a bright and innovative approach to FL homeowners insurance with coverage options allowing you to customize a policy to best fit your needs. To learn more about Edison Insurance Company, or to get a personalized quote, call us at (866) 568-8922.

Hurricane Comparison: Andrew vs Irma


 

Hurricane Irma and Hurricane Andrew are two of the largest and most devastating hurricanes to ever hit Florida. Although there is a 25-year difference between the two, comparisons have been made due to their size and strength. Here is a detailed look at how Hurricane Andrew and Hurricane Irma compare:
 
Dates:

Andrew: Occurred from August 16th to August 28th of 1992.
 
Irma: Occurred from August 30th to September 13th of 2017.
 
 
Category and Wind Speeds:
 
Andrew: Hurricane Andrew hit Florida as a Category 5 Hurricane with sustained winds at 143 mph and gusts reaching 173 mph.
 
Irma: Hurricane Irma hit Florida as a Category 4 Hurricane with winds at 185 mph and gusts reaching a whopping 210 mph.
 
 
Their Track in Florida:

Andrew: According to Accuweather, Andrew churned along the east-to-west coast of South Florida rapidly. Particularly causing the most damage to southern Dade County.

Irma: Hurricane Irma went along the west coast of Florida, from the south to north. Irma caused damage to such a large area of the State due to its track and spread out hurricane-force winds.
 

Damage and Cost:
 
Andrew: Hurricane Andrew destroyed roughly 125,000 homes, costing $25 billion in damages. Andrew was the most expensive natural disaster in U.S. history until Hurricane Katrina in 2005.
 
Irma: Due to Irma’s size and strength, the Office for Coastal Management reports the damages to cost roughly $50 billion. Which puts Irma in the top 5 of the costliest hurricanes on record in the United States.
 
 
As we hope to never have to endure another hurricane like Andrew or Irma, it is always important we are informed and prepared. Check out our blog for useful hurricane preparation tips and information. For a more in-depth look at the comparisons between Andrew and Irma, click here.


 
Keeping your family and home safe and protected is Edison Home Insurance Company’s number one priority. We have taken a bright and innovative approach to Florida homeowners insurance with coverage options allowing you to customize a policy to best fit your needs. To learn more about Edison Insurance Company, or to get a personalized quote, call us at (866) 568-8922.

3 Common Misconceptions about Flood Insurance

Floods can occur anytime and anywhere.  Here are three common flood insurance misconceptions, and the truths you should know to be better prepared.

Read More