Dear John Letter from Progressive Insurance Company
 

Received non renewal letter from Progressive today. Reason given ….due a reduction in our hurricanes exposure.
Included was information about Loggerhead Insurance.
Current expires in January and will receive quote from Loggerhead.

If you wouldn’t mind, age of home/roof, how many years with Progressive?

Thanks!

We bailed on Progressive six months ago, after a long “relationship”. Car home golf cart for 6+ years. Every year, increases. Try to be loyal but no more. Read that insur companies watch those who blindly continue to pay, and continue to raise believing these customers don’t look around and shop. We never had even one claim.

No more for us. We went to Allstate and saved $700 year.
Bye Progressive. But all insurance companies no doubt do same,,,, Can’t win.

I called the Villages Insurance the other day to ask them if Progressive was going to drop us in the spring (our renewal date). They consulted the list of people who were being dropped and said “yes”. I then asked them why they didn’t contact us as soon as they knew. They indicated that they weren’t telling people until 3 months in advance. I expressed my displeasure at not being informed when they knew. They didn’t care. Sigh ….

I found this article about Loggerhead, which I found interesting.
Update: How Loggerhead Moved to Snap Up 110,000+ Progressive Policies in Florida

New roof Oct’23.
Built in 2005.
Started with ASI in 2005, stayed with Progressive after their purchase of ASI.

Welcome to the club, we got the same non renewal letter from Farmers for our policy that runs through November. Be prepared for a significant premium increase and very few companies even willing to give you a quote. Our house was built in 1996, but is in outstanding condition, got a brand new roof last February, and has a current wind mitigation report. This homeowners problem is very real with no evident solutions in sight.

Thanks for posting?😀

Self Insured....Home
Vehicles....Ins Company because of liability

At least you got few months to figure it out. Triple (piece of ____) a sent me letter 6 weeks before policy ran out saying insurance was dropped so to too old roof. Now I had to get new roof and insurance when there was no shingles available. Which I turn if I didn’t have insurance before it ran out I would now be considered high risk and really take it up the ___. All for doing nothing wrong never late paying.

If I was you I’d start getting quotes now and get quote from village ins at mulberry.

Insurance companies are an investment vehicle for their investors. Their loyalty is to their investors, not their customers. Customers are a liability.

Closing in 3 weeks on a new Premier house in Shady Brook.
I’ve always had USAA. Will be paying $1475 a year. Catastrophic sinkhole coverage was standard. Fixable sinkhole coverage was an extra $225 a year. We need flood insurance, until FEMA updates their maps anyhow, that’s $1400 a year. There was 2 choices. FEMA, or Neptune, which was actually $75 more. And being a private company, no guarantee they can stay in business and pay out. Hope this helps.

Self-insure like Suze Orman.

Suze Orman Ditches Homeowners Insurance After Getting An Absurdly High Quote: '$28,000 For A 2,100 Square Foot Condo? Are You Kidding Me?'

Old news. Been going on for a couple years now. Increases partly due to hurricane Rick, partly due to greedy residents who wanted free roofs.

The customers and their $$$ are food for the insurance companies and stockholders