rubicon -
If I were in your shoes, I'd be freaking out as well. However, as I was reading your post and came to the part about you stating your coverage is with State Farm, I understood why your rates are escalating. When Sandy and I were looking for homeowners insurance for our new-to-us PV late last year, we encountered the "not writing any new HO policies in Florida" dilemma. Here's some insight on the rest of the story:
http://www.msnbc.msn.com/id/35220269...thousands-fla/
http://www.miamiherald.com/2011/02/1...omeowners.html
I believe State Farm has all their existing FL business set up under a separate business entity and are working to make that business stand on its own, ie. they're not spreading their FL losses across other parts of their corporate structure. Hence the financial 'Catch-22'.....
I'd suggest you shop for another insurer. We had to - - - and we've had all our insurance (in OH) with S.F. for 35 years.
Bill
