Thanks Hillsb Agent and Spongenotbob – Since my home is old and less than 5 miles from the Gulf I guess I’m basically a Citizens customer – I have received a take out letter from from HCI but am now leary!
really depends on how old and age of updates. With a 4-point inspection there are admitted carriers who will write it. Florida Peninsula, UPCIC (depending on the zip), and a few others will look at it.
It’s worth exploring. Although, sometimes on the older homes, Citizens can be the least expensive option – believe it or not.
I am like you. Stuck with Citizens. My house is 6 years old but I am also too close to the water.
However I don’t worry about the fact I am with Citizens, because after all both Commissioner McCarty and Gov. Christ did say they are there to protect me, right? (pun intended).
Spongenotbob, there’s no excuse for you to be in Citizens regardless of distance to coast in all but a few counties.
FL Agent, I don’t support these takeout only carriers, but I really don’t support Citizens either. I would need to know how old older is before I could say one way or the other. Florida Peninsula is a great choice for older homes with proper updates…
thanks for all the input – my home was built in the 40’s JM updated electric and plumbing in 2003 (roof is older) got a 4 point inspection but it didn’t knock much off – I’m in Pinellas County and I HATE being in Citizens but again am so concerned about HCI because I’m afraid I’ll get another Ins Journal “breaking news” bulletin –
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Don’t forget Chubb, Firemans Fund and PURE.
Thanks Hillsb Agent and Spongenotbob – Since my home is old and less than 5 miles from the Gulf I guess I’m basically a Citizens customer – I have received a take out letter from from HCI but am now leary!
really depends on how old and age of updates. With a 4-point inspection there are admitted carriers who will write it. Florida Peninsula, UPCIC (depending on the zip), and a few others will look at it.
It’s worth exploring. Although, sometimes on the older homes, Citizens can be the least expensive option – believe it or not.
I am like you. Stuck with Citizens. My house is 6 years old but I am also too close to the water.
However I don’t worry about the fact I am with Citizens, because after all both Commissioner McCarty and Gov. Christ did say they are there to protect me, right? (pun intended).
Spongenotbob, there’s no excuse for you to be in Citizens regardless of distance to coast in all but a few counties.
FL Agent, I don’t support these takeout only carriers, but I really don’t support Citizens either. I would need to know how old older is before I could say one way or the other. Florida Peninsula is a great choice for older homes with proper updates…
thanks for all the input – my home was built in the 40’s JM updated electric and plumbing in 2003 (roof is older) got a 4 point inspection but it didn’t knock much off – I’m in Pinellas County and I HATE being in Citizens but again am so concerned about HCI because I’m afraid I’ll get another Ins Journal “breaking news” bulletin –
At least HCI is a publicly traded company. You can have a closer look at their financial picture compared to a private company.
That said, I would actively seek coverage in the voluntary market.
Any ideas?
No shortage of IM carriers. Travelers has a nice program for personal and commercial.
Mr. Solvent is correct, on a 6-year old house, you should definitely have options other than Citizens. Probably some really good options.
On a completely unrelated not, am I the only one who hates the way we have to click on each post to read them? Hard to have a discussion this way.