Flood insurance in Puerto Rico is an essential aspect of property ownership, especially given the island’s high susceptibility to flooding due to its tropical climate and frequent hurricanes. While flood insurance may be similar in many respects to flood insurance in the mainland United States, there are some specific factors that property owners in Puerto Rico should be aware of …
Insurance for High Net Worth Individuals in Puerto Rico
High net worth and ultra high net worth individuals have special considerations when it comes to protecting their assets through insurance. At Dynamic Insurance Solutions, we have extensive experience managing the needs of ultra high net worth individuals. I personally have an MBA from theh Harvard Business School, and have been blessed to be around very wealthy individuals for most …
Home Insurance in Puerto Rico
Home insurance in Puerto Rico is similar in many aspects to home insurance in the United States, more so than car insurance which does differ in many aspects. There are several very important differences; however, that any prospective property owner in Puerto Rico should be aware of, as these can amount to siginificant cost or risk Puerto Rico Insurance Context …
The Ultimate Guide to Car Insurance in Puerto Rico (Updated 2022)
Puerto Rico requires every vehicle owner to carry liability insurance in order to operate a vehicle on its public roads. As such, it behooves any current or future car owner to be somewhat familiarized with the laws and practices regarding car insurance in Puerto Rico, as they can be somewhat different than those on the mainland. If you are a new resident of the …
Luxury Auto Insurance in Puerto Rico
The luxury car market in Puerto Rico is very strong and varied, but also unique and this uniqueness presents several challenges and considerations that should be taken into account when thinking about how to insure these vehicles. In this article, we will discuss some of the differences and how they should be handled. Is there anything different about insuring a …
Auto Insurance in Florida
Florida is the third state with the largest Hispanic population in the United States and is one of the states where consumers have the most options to buy insurance products in Spanish. In this article we will describe where you can get an affordable auto insurance policy that adequately protects you. We will discuss the minimum insurance requirements established by …
AirBnb and Short Term Rental Insurance in Puerto Rico
If you have a property in Puerto Rico that generates income from short term rental, then you are operating a commercial venture, and as a result need to get the corresponding commercial insurance to adequately protect yourself. Short term rental is a special kind of risk that insurance companies evaluate separately from long term rental, and several insurance companies in …
Renter’s Insurance in Puerto Rico
Renter’s insurance is a type of coverage whose main purpose is to protect a renter’s belongings in the event of an accident. This type of coverage is very common in the United States, but the same terminology is not often used in Puerto Rico. This typically causes new arrivals to the island a great deal of confusion as they may …
Buying Business Insurance Online in the United States
Commercial insurance, sometimes also called business insurance, is insurance meant to protect a business owner from losses occurring from some unforeseen event. Every business is unique and has different risk profiles, and as a result, commercial insurance tends to be highly bespoke and customized for each business’ needs. In this manner, the relationship between the business owner and the insurance …
Commercial Insurance in Puerto Rico
Puerto Rico is the largest and most sophisticated insurance market in Latin America, according to the annual report published by MAPFRE on the insurance industry throughout the continent. Being an established and mature industry on the island since the early 20th century, there are today a variety of products to cover almost every type of risk imaginable for small, medium …
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