Warning of Florida home owner insurance: September 19, 2008

Where are they located and how long they have licensed? that it owns and manages the company?Where he achieved its initial capital and how surplus do? what their evaluations made by important financial ratings agencies? do they directly manage its base policy or outsourcing has this been? aims to maintain safe home from Florida long-term market?

Front-line Defense for you as a consumer is the Office Florida rules safe (influenced). It influenced requires all homeowners licensed insurance companies comply with the minimum standards for capital investment and cash surplus to pay their claims. As consumers, we are highly dependent of the influenced to celebrate each feet these insurance company to fire. However, even the workload influenced has increased in this new world where there are many more small businesses to regulate compared to the days of the few large companies. Don't forget that Poe financial group was a group of regulated companies supposed you have enough money to pay its claims and those companies still do not.

So don't rely only on influenced to do the due diligence in your own home insurance company. You must be a smart buyer.

The only thing I would like to leave you with is this: don't be afraid to ask questions.

Like the medical and legal fields, Florida insurance has its own language. Many times people are uncomfortable trying to understand insured losses, risks covered and that the simple things. Is task of his native Florida insurance agents respond to all your questions. That person is paying a portion of your premium to do so. If you don't get answers, find another agent or another company. There are many out there willing to earn your business.

The days of the friendly neighborhood insurance agent who led the team's minor league have disappeared.

With apologies to Chris Matthews... it is time to play hardball.

Coverage of the Guide to media buyers:

Florida availability update:

Trends in the availability:

More recently domestic licensing of insurance companies are choosing to take the policies of insurance of property of citizens as its initial book of Florida business.

Although it has improved the availability of secure homeowners in South Florida, homeowners still face a market with limited capacity and the assurance of the constraints on the age of the home and its distance from the coast.

Home to guide for buyers of insurance, LLC celebrates its first birthday!

In its first year of existence home insurance buyers guide, LLC has achieved the following goals:

He built a member/subscriber base in all 67 counties in Florida.

Get news coverage in Florida's most important media outlets.

Our principal Florida counties include Brevard, Pinellas, Palm Beach, Hillsborough, Broward, Dade, Charlotte and Sarasota.

Cancellation policy:

Breakdown of Florida homeowner insurance companies that reported they have cancelled their policy for the period between 9/28/07 through 9/18/08 in percentage:

Farm Florida State 45.3

18.6 nationally

Allstate Floridian 9.3

First Floridian Auto and home 5.8

Property Metropolitan 4.7

United Services 3.5 car

USAA 3.5

Other companies (see below *) 9.3

* AAA, reliable American armed forces, mutual Atlantic, Balboa, Farm Bureau, Hanover, Hartford, Horace Mann, mutual fire of freedom, Meritplan, Metlife, service, St. Johns, State Auto, professors, Tower Hill Prime, travellers compensation of property, and North America Universal

Some of our favorite places to follow safe Florida home crisis:

Palm Beach Post:

Randy Diamond Gotcha covered Blog

Orlando Sentinel:

Anika Myers Palm abandoned safe map home

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