The Coming Rounds of Florida Home Insurance Cancellations and What You Can Do

about your Florida homeowners insurance including rate increases, policy cancellations, fewer discounts, more failing companies, and continued difficulty finding coverage.

By:
Michael Letcherl
Financel
Jan 26, 2010
lViews: 225

New Concerns About Florida Home Insurance Companies

During 2009, two Florida based home insurance companies went out of business because their cash reserves fell below state required minimum levels. If this had happened during an active Florida hurricane season and your policy was with one of these companies you might have faced significant delays in getting your Florida hurricane claim paid. Here’s what you need to know in order to select the right Florida home insurance company.

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