risk assessment

Living in areas with heightened exposure to natural disasters requires a well-thought-out strategy to safeguard your property. At Best Formula Insurance, our primary goal is to ensure that homeowners in high-risk regions such as California, Arizona, New Mexico, Nevada, Illinois, Texas, and Michigan are well-equipped with the necessary information and insurance coverage to protect their […]

Location significantly influences property and casualty insurance rates, and this includes variations in state guidelines. Each state has its own set of insurance regulations, which can impact coverage requirements, policy options, and pricing. In this blog, we will explore how location affects insurance rates, factors insurers consider when assessing risk based on location, and the […]