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Florida Approves 8 new companies for homeowners insurance
Posted on 4/6/24 at 2:49 pm
Posted on 4/6/24 at 2:49 pm
quote:
Ovation Home Insurance Exchange
Manatee Insurance Exchange
Condo Owners Reciprocal Exchange
Orange Insurance Exchange,
Orion180 Select Insurance Company
Orion180 Insurance Company
Mainsail Insurance Company
Tailrow Insurance Companies
They look like new companies and not likely to be rated by AM Best. KBRA seems to rate them as does Demotech
PNJ
Posted on 4/7/24 at 8:57 am to TigersnJeeps
The one area that Florida really sucks at
Posted on 4/7/24 at 7:23 pm to Wtodd
NOt sure what Gulf Front states do it well
Posted on 4/8/24 at 7:47 am to Wtodd
It’s not their fault no one is underwriting coastal right now.
You can’t just order them to do business in your state.
Getting the legal aspects of the issue in check would be a great step in the right direction however.
You can’t just order them to do business in your state.
Getting the legal aspects of the issue in check would be a great step in the right direction however.
Posted on 4/8/24 at 8:59 am to TigersnJeeps
One insurance company just quit writing policies in Texas.
Posted on 4/9/24 at 8:54 pm to tide06
As long as governments keep allowing, if not encouraging, building in high-risk areas... this will never improve...
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