Notice of Non-Renewal

[Aquawind]

After reading through and talking with the Agent I am going with the Citizen's plan. The Palm program is for newer homes and thus they surcharge homes older than ~10 years. The Citizen's plan does not cover dog bites though. I am not blaming my agent for Allstate's actions but he is still going to lose my Auto insurance.

[chadtm80]

[quote="wxman57"]I think we'll see a lot more insurance companies pulling out of hurricane-prone areas like Florida in the coming years. Duting the last active cycle in the Atlantic, Florida was hit by 12 major hurricanes in 25 years. The east coast tends to get hit a lot more in the current pattern as well. Insurance companies are a business like any other, they exist to make money. There will be tremendous losses across Florida northward up the east coast in the coming decades, and across the Gulf coast as well. Since the insurance companies cannot afford to pay out more than they take in, they're pulling out of high-risk areas. Except for significantly increasing your insurance rates, what else can they do to turn a profit?[/quote]
Open up a differnt buisness..