Quote:
Originally Posted by KEVIN & JOSIE
 My home equity is a lifetime of work and savings. To invest in a property only to be told that "maybe"you can insure, and get true full coverage of your assets, is not good enough for me. And to be told down the road as claims increase, that we will no longer cover you against loss, is not good enough. A red flag went up when I checked for homeowners insurance with all of the large companies, and found that none of them would write a policy in Florida. They would refer you to the smaller carriers. My current company, whom I've been with for 20 years, would not write a policy there. True, we will all die, and none of this will matter, but if a catostrophic loss happens in my senior years, it does matter! |
This is why Citizens Insurance, the state run insurer of last resort was established and now has become the largest insurer in Florida. All the large insurance companies, State Farm, Nationwide, etc. stopped writing policies in the coastal counties within the last five years. Do you know when the last hurricane hit Tampa? 1921 That's right 90 years ago. The Villages has had more hurricanes than Tampa.