[aaffmom]

Allstate sinkhole deducible is the all perils amount. As low as $500.

[Wiotte]

Originally Posted by 427dave

We had State Farm for 25 years up north and about 11 years here in the Villages. Then State Farm cancelled us and said they were not insuring any homes in Florida. They said they would continue to cover our vehicles but not our home. They said it was costing them too much. I told them thank you and cancelled the vehicles also. This was with the agent for them here in The Villages on 466. I would check and see if they insuring homes again, but will I will not trust them again.

They are but much more money than ASI ( majority stake held by Progressive )which is available through the Villages Ins Agency.


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[Villageswimmer]

Originally Posted by Wiotte

They are but much more money than ASI ( majority stake held by Progressive )which is available through the Villages Ins Agency.


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Yes. We had ASI for 5 years on our villa in TV. Never had a claim. When we moved to our home this past January, TV Insurance said ASI wouldn't cover us since they already had too many homes covered in our area. I don't know what they meant by "area" and should have questioned it.

They suggested Cabrelli Coastal. We had never heard of them. Cursory internet research showed a high rating and mostly good reviews. We were very busy at the time and probably should have done more research. We went with them based on almost entirely TVI's recommendation.

So far, we've found no one who has personally dealt with Cabrelli Coastal. They're out of Gainesville. They may be the greatest--would just like to hear some ground truth personal experience. I plan to thoroughly question TVI with respect to their experience with CC once things settle down after Irma since the policy will be coming up for renewal. I admit I wasn't a good shopper and didn't do my usual due diligence where this is concerned.

The reason I asked about State Farm is that our vehicles, golf cart, umbrella and condo are with them. I contacted them a few months ago and they gave us a ho quote (high), so they are writing policies in Florida again. It did have sinkhole coverage.

[rubicon]

Well this discussion maybe moot at least until the next anniversary dates of policies following the total loss accounting of various companies because companies may well raise rates substantially and/or pull out of the state altogether.

I have been with State Farm for many years . when we moved here 11 years ago State Farm had a moratorium on writing new Homeowner policies and they considered a "transfer in", a new policy.

Because they would not take my homeowners I moved all of my policies to ASI. One year later ASI's premiums went up substantially.

So I called State Farm and found they were writing homeowners again . Since returning to them, State Farm has taken two big premium jumps on Homeowners and in addition added a separate premium charge for sinkhole, and accepted the endorsement only after they inspected my property , a inspection fee they made me pay. my auto rates have been going up every year and I never had an accident?

State Farm is expensive and there are no guarantees. State Farm will honor their claims fairly and fully without a doubt. However will they stay? how much will premiums go up because of Irma? But they are a national company with an excellent reputation

I am a life long insurance guy who studied every aspect of insurance and cannot tell you what Insurance Home Offices are going to do next or what position the governor will take? I can offer an educated guess However, it depends on their bottom line

the good news is that those coastal homes built after 1995 weathered this storm fairly well.

Review your policies look at what you believe you can absorb in losses to your home, personal property and autos. Finally, despite what you have heard or been told insurance is not like gambling. with gambling you pay out and will either have a win or a loss. with insurance you payout and have that invisible commodity called security always and if you do suffer a loss you are paid.

Personal Best Regards:

[rivaridger1]

Always keep in mind that insurance policies are at their best when not " used ". If you need to " use " them you want the best security and claims handling reputation money can buy. We just submitted our first Homeowners claim in forty five years to ASI. Getting through to them to report the claim was quite an ordeal. It was obvious management was sound asleep when it came to being prepared for a Florida Hurricane despite the fact the company specializes in Florida Homeowners insurance. We will not lay eyes on an adjuster until sometime in October. It remains to be determined how the actual adjustment process will proceed and we will withhold final judgement until then.