Upon gathering further information, it appears that Royal Palm will be able to provide suitable homeowners insurance. My first comment (of 6/25) is no longer valid.
I read in an article from newspress.com that the reason Allstate is staying involved in this is to protect their lucrative auto insurance policies from leaving.
If State Farm will write you, I think you should jump at the opportunity. It seems the state rejected a rate increase request from a different company last week. That action will certainly prompt insurers to take additional actions to reduce their books of business and have even less desire to serve the FL market.
Let\’s beat the \”dead horse\” some more…Allstate wants the money without the liability…as I was told..\”after all Mrs. Norcross, we ARE in business to make money!\” The same risk has always been there, no one controls mother nature. So now when folks actually HAVE to use the insurance they have been paying for all these years, suddenly the game changes. So pay for the insurance in case of castrophe, but DO NOT even think you are going to actually use it for that castrophe. Shame on you Allstate.
Shocked by the state of Florida allowing Allstate to cherry pick Home Owners Insurance – not profitable enough for them – and keep Auto Insurance here – profitable for them.
Ban them from sales in the state of Florida if they are not going to offer all Property & Casualty Insurance.
If you are being dropped by Allstate, be prepared. My premium last year with Allstate was $4,300. Royal Palm quote for LESS coverage with a higher deductible is $13,000. Are they out of their minds?? Who can afford to live in Florida anymore?
I am not a Floridian, and I am rather surpised that prices have not jumped to such level previously. Global warming has been apparent for some time now and with the exception of benefit of El Nino this year, I don\’t think hurricane frequency is going to go down over time.
I just can\’t fathom why people would cluster in such a catastrophe prone area. Virtually all of your state is only a few feet above sea level and nowhere is there a decent mountain range to break up a storm.
I think Floridians need to start to take a look at the appeal of living in Maine, Utah, Kentucky, or Wisconsin where the dangers are less frequent and severe.
Allstate exceede projected earnings
REPORTED Net Income 1.21 Billion,topped Wall Street projections of $ 1.61 per share.
The Good Hands people have left the building !!!!!!!!!
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It appears that Allstate has changed their motto from, \”You are in good hands with Allstate\”, to \”We are washing our hands of you!\”
I cannot get any answers or rate quotes yet either.
Upon gathering further information, it appears that Royal Palm will be able to provide suitable homeowners insurance. My first comment (of 6/25) is no longer valid.
I read in an article from newspress.com that the reason Allstate is staying involved in this is to protect their lucrative auto insurance policies from leaving.
If State Farm will write you, I think you should jump at the opportunity. It seems the state rejected a rate increase request from a different company last week. That action will certainly prompt insurers to take additional actions to reduce their books of business and have even less desire to serve the FL market.
Let\’s beat the \”dead horse\” some more…Allstate wants the money without the liability…as I was told..\”after all Mrs. Norcross, we ARE in business to make money!\” The same risk has always been there, no one controls mother nature. So now when folks actually HAVE to use the insurance they have been paying for all these years, suddenly the game changes. So pay for the insurance in case of castrophe, but DO NOT even think you are going to actually use it for that castrophe. Shame on you Allstate.
Shocked by the state of Florida allowing Allstate to cherry pick Home Owners Insurance – not profitable enough for them – and keep Auto Insurance here – profitable for them.
Ban them from sales in the state of Florida if they are not going to offer all Property & Casualty Insurance.
WILL ROYAL PALM, TAKE THE\” MOBILE HOME INSURANCE\” POLICIES, LIKE ALLSTATE,
NOW HAS FOR US?
If you are being dropped by Allstate, be prepared. My premium last year with Allstate was $4,300. Royal Palm quote for LESS coverage with a higher deductible is $13,000. Are they out of their minds?? Who can afford to live in Florida anymore?
I am not a Floridian, and I am rather surpised that prices have not jumped to such level previously. Global warming has been apparent for some time now and with the exception of benefit of El Nino this year, I don\’t think hurricane frequency is going to go down over time.
I just can\’t fathom why people would cluster in such a catastrophe prone area. Virtually all of your state is only a few feet above sea level and nowhere is there a decent mountain range to break up a storm.
I think Floridians need to start to take a look at the appeal of living in Maine, Utah, Kentucky, or Wisconsin where the dangers are less frequent and severe.
Allstate exceede projected earnings
REPORTED Net Income 1.21 Billion,topped Wall Street projections of $ 1.61 per share.
The Good Hands people have left the building !!!!!!!!!