Florida Homeowners Insurance Policy Analysis

State Farm approved to raise Florida home insurance rates 6 percent

Friday, September 28, 2012

Ponte Vedra Beach, Florida – State Farm Florida Company is the third largest insurer of houses in the state.  It looks like their rates are going up again!  On average, State Farm rates in Florida will go up by  6 percent this year.  If you have a home insurance policy with State Farm, it might be time to start shopping again to find a better rate.  If you want to compare all of the top rated carriers in Florida, give us a call today at 1-800-554-9142 and we will make it easy for you to find a policy that saves you money.

State Farm has been increasing their rates steadily in Florida since 2009.  This is the fifth rate increase that was approved by the state in the last three years.  In many instances, State Farm clients will also have to review higher deductibles for their Florida home insurance policy.  It looks like some of the out-of-pocket expenses for claims will be rising from $500 to a minimum of $1000 on the majority of homes insured by State Farm.   This increase was recently approved and posted by the Florida Office of Insurance Regulation.

We all have been following Citizens Property Insurance their proposed rate increase of 10 percent.  Citizens, the largest insurance company of homes in Florida, are looking for creative ways to make the Florida marketplace better.  We will see what the state and Citizens comes up with in the near future for FL homeowners. 

State Farm initially asked for even higher rates in Florida, asking for a 15 percent increase in premiums on average.  Have you received your letter of increase from State Farm yet?  If not, I’m sure it will be on the way very soon.

Florida homeowners insurance rates have been skyrocketing over the past several years.  Many of the reasons include, inflation on the costs to rebuild houses, increases in re-insurance premiums and a “hurricane history that has proven this to be a very unprofitable market for property insurance, “ said Lynn McChristian, the Institute’s Florida representative.

It doesn’t matter whether you have State Farm, Citizens, or any other carrier in Florida.  We can help you save time and money when it comes to insurance.  Give us a call today for a FREE policy analysis, 1-800-554-9142.

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Florida Homeowners Insurance Policy Analysis

President Barack Obama put into position the American Recovery & Reinvestment Act of 2009 that authorizes a brand new tax credit of up to $8,000 for certified first-time Florida homeowners insurance buyers.  You need to hurry up and make the most of this program since it will disappear starting December 1, 2009.  You only have a few months left to get pre approved from the mortgage loan provider to get a new loan.  Upon your financing acceptance, be sure to shop online for the top home insurance insurance plan available.    The internet gives you the buyer to shop for home insurance coverage on the web from the convenience of your lazy boy.  Be sure to compare quotes from a minimum of five of the top rated Florida home insurance companies in the state today.

FLORIDA HOME INSURANCE COVERAGE QUOTES MADE SIMPLE

With Florida’s joblessness rate going above 10%, individuals throughout the state are researching to minimize their expenses.   Many citizens have started to become conscious of each greenback they commit on a monthly schedule.  An excellent place to begin looking for approaches to reduce your cost is by shopping your current lines of insurance.  An insurance policy review of your current homeowners insurance policy could save you hundreds or thousands of dollars annually.  It is crucial to save each and every dollar it is possible to this year on insurance products like home and condominium insurance coverage. 

Shopping your Florida homeowners insurance policy prices online through a portal like, Premier Homeowners Insurance, will allow you to reduce your premiums.  We will offer you a totally free policy evaluation to see if you’re getting the best prices available for your geographic region.  “Having the biggest product portfolio in Florida allows us to make available solutions to virtually every person we talk with. ” We have found that giving our clients quotes from multiple carriers for comparison completes our objective of price transparency.” said Lauren Agnew.

Our firm, Premier Homeowners Insurance, is a property and casualty consulting group located in Florida. We provide items from various premier companies that provide Florida home insurance plans to the whole state.   We provide exact info to our clients, which in turn can take full advantage of all savings available to them.  Our own firm knows that all of our customers have different insurance needs. Consequently, we make every effort in order to offer all sorts of products such as; condominium insurance, flood insurance coverage, home insurance, house insurance, wind policies, and townhouse insurance quotes.

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