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Another of our best managers leaves the corporate world behind and takes a new step in her career path now as a business owner. Welcome to the Del Toro family.
One of our best managers leaves the corporation world behind and takes a new step in her career path now as a business owner. Welcome to the Del Toro Family.
We are proud to see how this family has chosen to join our Distinctive Franchise System as a life project. We're here to support you every step of the way to success. Welcome to the Del Toro Insurance Family.
One of our Managers at Del Toro Insurance has just joined to our Distinctive Franchise System becoming in the owner of her own business !!! Congratulations on this great partnership!!.
A Friday 12th of wonderful news!! A new franchisee joined our Distinctive Franchise System. The Chilean Community Welcome to the Del Toro family!.
On the eve of July 4, what better news than continuing to expand our Distinctive Franchise System in West Palm Beach. Welcome to the Del Toro family.
Second new franchisee of this blessed Tuesday, join our Distinctive Franchise System. Welcome to the Del Toro family.
Another new franchisee has joined right now to our Distinctive Franchise System. Welcome to the Del Toro family.
Just a few minutes ago, a new franchisee joined our Distinctive Franchise System. The Ecuadorian community welcomes the Del Toro family.
The family continues to grow, minutes ago other new franchisees have just joined our Distinctive Franchise System. Welcome to Del Toro family.
Today, as part of our participation in the Annual Convention of the Florida Association of Insurance Agents (FAIA) held in Orlando, Del Toro Insurance held a seminar this morning to promote the growth of the insurance industry through franchises. Entrepreneurs and business owners participated in the event.
Taking a big step and adding new services, two entrepreneurial businesswomen join our family. Welcome Gordon & Oropeza to Del Toro Insurance family.
Del Toro Insurance
Fomentando el camino hacia la industria de los seguros
América TV captó todo lo que fue el fórum y la celebración de los 25 años de Del Toro Insurance. Con Del Toro Insurance tienes todo lo que necesitas para estar bien asegurado y además crecer profesionalmente con tu propia franquicia. Si eres emprendedor y quieres asegurar tu futuro empresarial con una marca consolidada!! Esta es tu oportunidad, completa el formulario y uno de nuestros agentes se estará comunicando contigo con todas las dudas que tengas para emprender tu negocio.
Annual Convention of the FAIA
June, 2024
As part of our participation in the 2024 Convention of the Florida Association of Insurance Agents FAIA held in Orlando, Del Toro Insurance held a seminar to promote the growth of the insurance industry through franchises. Entrepreneurs and business owners participated in the event.
Del Toro Insurance 25th Anniversary
Del Toro is a family business and that has defined much of the path it has traveled to this day. The main reason for starting out in this industry has been to contribute to a community that needs us and with which we feel an eternal commitment. Growth would not have been possible without the support and permanent exchange with our community whom we have tried to serve with immense respect.
On the other hand, we have tried to provide a service that is also deeply rooted in family values because we consider that targeting the well-being of families in a society that is transforming day by day is essential. We have simply delivered transparency, honesty, trust and loyalty, which I believe have really been the key to being able to treasure the preference of our clients over the years.
Time really passes very quickly. We began our journey in a small office located in the west of the county. Today we are a solid company with a commercial presence throughout the state of Florida and an increasingly large group of franchisees who have opted to be part of the Del Toro family, making our business model their own. To our pride, the vast majority have been families that have turned to entrepreneurship and that, today, replicate those values of transparency, honesty, trust and loyalty to their clients.
Aug 11, 2023
Homeowners and home buyers in Florida are facing a new challenge that is only going to become more significant in the future. This challenge is finding affordable home insurance due to the increasing number and severity of hurricanes hitting the state.
The team at Del Toro Insurance is here to help with your insurance needs. We discuss the types of insurance required, including homeowners, flood, and hurricane insurance based on your home and location.
According to an article in The Palm Beach Post on July 18, 2023, “Over 100,000 Floridians are scrambling for homeowners’ insurance after a wave of insurers have stopped writing policies in the disaster-prone state.” In July 2023, Farmers Insurance became the fourth major insurance company to leave the state, with an additional fourteen smaller insurance companies now in liquidation.
Existing homeowners may have coverage, but some are facing increases in homeowners’ insurance coverage by up to 42%. For many homeowners, this dramatic increase in insurance is unaffordable and makes it difficult to remain in their homes. While selling may be an option, the difficulty for buyers finding affordable home insurance creates a new problem, extending the time on the market and making it difficult for anxious sellers to get out of their homes.
There are multiple reasons for insurance companies to pull out of Florida. One factor is the rapid increase in population. Starting in 2021, Florida has experienced a significant population boom and is now the fastest-growing state in the country. This has created a demand for property at the same time as insurance coverage becomes more difficult to obtain.
Climate change is not new and increases in the number of claims due to the larger population and increased frequency and severity of storms have been a factor for decades. The last few years have seen a significant spike in these intense, damaging storms and hurricanes, resulting in increased payouts from insurance providers, making the state high-risk area for insurance companies. An April 2023 study by the Pacific Northwest National Laboratory reported a projection of “enhanced hurricane frequency for the Gulf and lower East coast regions,” which may be as high as one-third more named events per year in this area.
There is one more reason that Florida homeowners’ insurance is on the rise. This is directly related to the number of lawsuits filed against insurance companies by homeowners. Florida homeowners make up 79% of all lawsuits in the country, largely stemming from fraudulent schemes for replacing damaged roofs after hurricanes and damaging storms. The Florida Supreme Court also approved a decision to increase attorney fees in these cases, further costing the insurance companies.
Del Toro Insurance works with homeowners throughout Florida to ensure affordable home insurance. We serve clients throughout Hialeah Gardens, Margate, Homestead, Palmetto Bay, Cutler Bay, Hialeah Gardens, North Miami Beach, Coral Gables, Hialeah, Naples, and Miami, FL.
Maintaining the right type and level of insurance is essential to protect your home, which is typically your most valuable asset. Call us today at (305) 335-8676 or reach us online to discuss your insurance needs.
The combination of increased storm damage, frequency of storms, expanding population and increased lawsuits against insurance companies are creating high risk levels that insurance companies are not willing to assume. Rather than continue to insure properties in the state, they are leaving.
Homeowners are facing dramatic increases in homeowners insurance rates, with some people seeing up to a 42% increase over last year. At the same time, there are fewer insurance companies in the market, making it difficult for potential new home buyers to obtain the necessary insurance coverage.
Currently, little is being done by the state government to help homeowners, according to many people impacted by the change. However, the government did provide over $3 billion last year to help provide industry stability. The state does have the not-for-profit Citizens Property Insurance Corporation, which may be helpful for qualifying homeowners.
Homeowners are shopping for the best insurance coverage, which may include determining if they meet the criteria for coverage through Citizens Property Insurance Corporation.
Individuals in Florida are bracing for a potentially significant increase in their
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