Everyone is quick to jump on the lawyer in this article but the lawyer is not quoted as stating how nnay days are required by law to cancel a policy…it is provided by the author of the story. I think both fields have an image issue and maybe those in glkass houses should not cast stones.
Please get your facts straight. Most policyholders would rather be tortured to death than to have someone go over what is covered and not covered. Many have said to us- they just want to sign and leave they are too busy. Our policy is for them to come when they have more time, however, its hard for me to feel sorry for people who are unwilling to accept that its their responsibility to understand what they are buying. If they don’t understand, then call your agent. Ignorance is not an excuse, however, most realize how many crooked lawyers are out there who would be more than happy to file suit against the agent, or company. Next time you respond- please make sure you have an idea of what you are talking about.
Undoubtly, the person writting this was a attorney. Insurance agents unfortuately have been forced into a segment of the insurance business of sales person and order taker, with the company having total control of the product and claims handling. The agent is now a ear to listen the customer and nothing more. The insurance agent is a friend to the customer, however, attorneys have ruined this industry both from the plantiff side and defense side.
Robert, I agree wholeheartedly. Soon the agent will be sqeaked out of the picture completely. We do all the work and the companies reap all the benefits.
An insurer issuing a policy providing coverage for property, casualty, except mortgage guaranty, surety, or marine insurance, other than motor vehicle insurance subject to s. 627.728 or s. 627.7281, shall give the named insured written notice of cancellation or termination other than nonrenewal at least 45 days prior to the effective date of the cancellation or termination, including in the written notice the reason or reasons for the cancellation or termination . . .
Liz, I sure hope your not an agent, Keep reading the statute until you get to section 2B it clearly states 90 days for non renewal. 45 if RENEWING. SEE BELOW this is directly from the Florida Statues.
2) With respect to any personal lines or commercial residential property insurance policy, including, but not limited to, any homeowner’s, mobile home owner’s, farmowner’s, condominium association, condominium unit owner’s, apartment building, or other policy covering a residential structure or its contents:
(a) The insurer shall give the named insured at least 45 days’ advance written notice of the RENEWAL premium.
(b) The insurer shall give the named insured written notice of NONRENEWAL, cancellation, or termination at least 90 days prior to the effective date of the nonrenewal, cancellation, or termination. The notice must include the reason or reasons for the nonrenewal, cancellation, or termination,except that:
1. When cancellation is for nonpayment of premium, at least 10 days’ written notice of cancellation accompanied by the reason therefor shall be given.
And there is no question lawyers are worse than Agents, If it weren’t for their evil ways of finding some way to squeeze money from any party they can find, all of society would be better off. We are bound by the garbage laws and court cases that the lawyers bring. and by the way Insurance companies must obtain approval for anything they do as far as coverage modifications or rate changes and it is legislaters and lawyers that handle this, so if you dont like the way an Insurance company handles something thank a lawyer. Anyone who has been in Florida for more than 10 minutes has heard or seen an advertisement “FOR THE PEOPLE” from Morgan, Colling and Gilbert law firm, What a piece of work this guy is. I have not confirmed the rumor that he is a convicted DUI drunk and does not have a license to drive anymore, but it is intreresting that the firm does not push DUI claimants to call them.
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Everyone is quick to jump on the lawyer in this article but the lawyer is not quoted as stating how nnay days are required by law to cancel a policy…it is provided by the author of the story. I think both fields have an image issue and maybe those in glkass houses should not cast stones.
God…Insurance Companies can be rotten…
They’ll take your premiums for years with no losses and then complain (and try to illegally dump policies) when they have to pay out…
If they don’t like the risk….STOP WRITING IT ALL and let someone else do it.
Please get your facts straight. Most policyholders would rather be tortured to death than to have someone go over what is covered and not covered. Many have said to us- they just want to sign and leave they are too busy. Our policy is for them to come when they have more time, however, its hard for me to feel sorry for people who are unwilling to accept that its their responsibility to understand what they are buying. If they don’t understand, then call your agent. Ignorance is not an excuse, however, most realize how many crooked lawyers are out there who would be more than happy to file suit against the agent, or company. Next time you respond- please make sure you have an idea of what you are talking about.
Undoubtly, the person writting this was a attorney. Insurance agents unfortuately have been forced into a segment of the insurance business of sales person and order taker, with the company having total control of the product and claims handling. The agent is now a ear to listen the customer and nothing more. The insurance agent is a friend to the customer, however, attorneys have ruined this industry both from the plantiff side and defense side.
Robert, I agree wholeheartedly. Soon the agent will be sqeaked out of the picture completely. We do all the work and the companies reap all the benefits.
Sue
The statute clearly states 45 days notice.
An insurer issuing a policy providing coverage for property, casualty, except mortgage guaranty, surety, or marine insurance, other than motor vehicle insurance subject to s. 627.728 or s. 627.7281, shall give the named insured written notice of cancellation or termination other than nonrenewal at least 45 days prior to the effective date of the cancellation or termination, including in the written notice the reason or reasons for the cancellation or termination . . .
Fla. Stat. § 627.4133(1)(b)
Liz, I sure hope your not an agent, Keep reading the statute until you get to section 2B it clearly states 90 days for non renewal. 45 if RENEWING. SEE BELOW this is directly from the Florida Statues.
2) With respect to any personal lines or commercial residential property insurance policy, including, but not limited to, any homeowner’s, mobile home owner’s, farmowner’s, condominium association, condominium unit owner’s, apartment building, or other policy covering a residential structure or its contents:
(a) The insurer shall give the named insured at least 45 days’ advance written notice of the RENEWAL premium.
(b) The insurer shall give the named insured written notice of NONRENEWAL, cancellation, or termination at least 90 days prior to the effective date of the nonrenewal, cancellation, or termination. The notice must include the reason or reasons for the nonrenewal, cancellation, or termination,except that:
1. When cancellation is for nonpayment of premium, at least 10 days’ written notice of cancellation accompanied by the reason therefor shall be given.
And there is no question lawyers are worse than Agents, If it weren’t for their evil ways of finding some way to squeeze money from any party they can find, all of society would be better off. We are bound by the garbage laws and court cases that the lawyers bring. and by the way Insurance companies must obtain approval for anything they do as far as coverage modifications or rate changes and it is legislaters and lawyers that handle this, so if you dont like the way an Insurance company handles something thank a lawyer. Anyone who has been in Florida for more than 10 minutes has heard or seen an advertisement “FOR THE PEOPLE” from Morgan, Colling and Gilbert law firm, What a piece of work this guy is. I have not confirmed the rumor that he is a convicted DUI drunk and does not have a license to drive anymore, but it is intreresting that the firm does not push DUI claimants to call them.