State Farm Nonrenewing Some Jersey Shore Policies

April 22, 2008

  • April 22, 2008 at 9:20 am
    Mark says:
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    Uh, Delaware? This is about NJ

    Good Hands? This is about State Farm, not Allstate. Allstate hasn’t non-renewed anything in NJ.

  • April 22, 2008 at 2:41 am
    Reality Bites says:
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    My little old Jersey heart bleeds. Imagine that. The good folks who can afford to spend the Big Bucks to get a great shore house now have to spend a little more to insure their homes.

    And why do they complain? They live in a State where the government replenishes the beaches after they (naturally) wash away in the winter. They build so close to the grass dunes that they hinder the (natural) progression of beach cycles. They build McMansions where modest homes had been for decades. The rebuild bulkheads so they can tie their noisy, obnoxious speedboats right outside their bedrooms.

    Next they’ll want the State to step in and provide rate relief. Or regulation relief. Or ANY relief from ANYONE.

    As far as I’m concerned, they deserve the traffic jams on the Parkway. And $6 gas at the marina.

  • April 22, 2008 at 3:09 am
    You're In Good Hands! says:
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    You’re In Good Hands!

    HAH!

  • April 22, 2008 at 3:10 am
    Don't you feel sorry for them? says:
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    Well put, Reality.

  • April 22, 2008 at 3:26 am
    Dread says:
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    I’m with you Reality. These high rollers should know that living on the shore comes with a risk of annual damage and potential total loss if the big one decides to hit. Let them pay for their play. They’ll get no sympathy here.

  • April 22, 2008 at 6:22 am
    wudchuck says:
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    well, sounds like hands allowing the homeowners to slip through. afterall, when was the last time a hurricane hit delaware? how many major hurricanes have hit the delaware coast? i think they are just trying to clear $$$ because of the liability claims they had in katrina. i don’t think they are being fair to those in DE.

  • April 23, 2008 at 8:47 am
    Alan says:
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    Think of who lives “on the shore” and what it costs them. Only the wealthy and priviledged can afford those homes. Then, they cordone off the beaches to keep the common folk from using them. There isn’t a single homeowner who can afford a shore home who can’t afford the insurance. They may have to get it at a higher price or in an alternative market, but they can get it. Let’s stop being too concerned about these rich folk.

  • April 23, 2008 at 8:57 am
    wudchuck says:
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    well…whether de or nj…look at the broader picture — neither state has been hit by a major hurricane. when storms move northward along the east coastline, the water gets colder and if colder the strength of the hurricane dramatically reduces. most of them usually hit the shoreline in NC or VA if coming northward, so most of the damages will be inland vs shoreline.



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