re: FEDNAT cancelling LA Policies

I’ll edit after I find my rates, but had the same situation and renewed in Dec. Basically, they increased my limits and claimed it’s because the rebuild costs have increased. I cannot shop right now because inadvertently roof damage and no one will write a new policy until repairs are done. so I’m stuck w SURE for now.

My broker said he can shop but the number of companies writing new policies is minimal. He said it would be better to wait a few months then shop. You should definitely shop it, but wait until March, and make sure all repairs are done

Edit: My policy costs went up roughly 38% mainly because they increased my coverage limits 22%