Quote:
Originally Posted by 784caroline
Any insurance (Life, Car, Homeowners etc)is only as good as the financial backing of the company . If a major hurricane would hit Florida and Safe Harbor as most of its policies written in Florida, you need to consider if this company would be able to pay the claims or would it find all sorts of technical issues on why or how to deny your clam. Proceed carefully!!
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I quite agree with the way you look at the exposure of the company. I got my first policy from The Villages Insurance. They found me a policy with American Integrity (AI) which now I see that they are a Tampa company and insure heavily in FL. The rating is the same as Safe Harbor. But, they will give me 2% of dwelling as hurricane deductible VS $500 from Safe Harbor. Also, AI did not and continue with no sinkhole coverage.
I don't know any non FL insurance companies offer insurance in FL. I am told USAA does not now. Safe Harbor offers in NC too. Just want to see if anyone has any experiences with Safe Harbor. Thank you for your input.