Demand for Tampa homeowner`s insurance policies appears headed for a spike as the real estate market heats up
Released on: July 19, 2008, 5:36 am
Press Release Author: insurancebyaim.com
Industry: Small Business
Press Release Summary: Accurate Insurance Mart, a leading Tampa insurance agency, sees sharp changes ahead in the Tampa insurance market. Specifically, an increase in applications for new Tampa homeowner\'s insurance policies directly tied to an increase in new home sales.
Press Release Body: Predictions of recovery in the Tampa real estate market are widespread, with at least one economist forecasting a possible increase of 30% in Tampa home values over the next five years. Another prominent financial figure, talk show host Dave Ramsey, recently speculated on Larry King Live that those currently buying homes in the Tampa area will look like \"geniuses\" in five years. As for the common man, six out of ten consumers expect home values in the Tampa area to see a significant increase over the next year alone, leading to a situation in which 42% of Floridians believe a real estate investment in Tampa to be an intelligent financial decision.
This is a breath of fresh air to the Tampa area, which saw home sales decrease over 25% in the last twelve months, and home values decline nearly 9%. The current buyer\'s market, though, appears headed to a run on Tampa real estate. And as new homes are purchased, new homeowner\'s policies will become a necessity. Additionally, a rapid increase in home values may leave many homeowners with a need to reevaluate their current policy, ensuring that it covers the actual market value of the home, rather than just the mortgaged amount. And as new homeowners move into the Tampa area, lured by low home prices and potential windfalls, they bring with them further insurance needs: auto insurance policies, commercial insurance for new businesses, and health insurance for self-employed residents of Tampa.
Since 1985, Accurate Insurance Mart has served residents of Tampa, Wesley Chapel, and Lutz, offering homeowner\'s insurance policies as well as auto, health, and commercial insurance. With three Tampa-area insurance offices and the backing of over thirty separate insurers, Accurate Insurance Mart is ideally located to adapt to changes in the Tampa homeowner\'s insurance market. Locally owned and locally staffed, Accurate Insurance Mart offers something the big-box insurers can\'t: service from a qualified Florida insurance professional who understands your needs, because he lives where you live.
To learn more, please visit: http://www.insurancebyaim.com
Web Site: http://www.insurancebyaim.com
Contact Details: Adviatech Corp., PR for insurancebyaim.com 9280 Bay Plaza Blvd Suite 706 Tampa, FL 33619 1.813.600.3017