Insurance is dropping me...

[Jason Eisert]

Hello everyone! My insurance broker informed me that my insurance policy is being canceled, which is happening to many providers in Hawaii following the Lahaina fires. I have no claims on the insurance. I own a short-term rental property that operates much like a hotel, so I carry large commercial insurance. Has anyone else faced a similar situation? I would appreciate any advice on how to handle this, as well as recommendations for reliable insurance agents.

Thank you!

[Jason Eisert]

Quote from @Michael Baum:

Insurance is crazy right now. Maybe forever. We have seen our policy rates double in the last couple of years. I am looking for other options.

Have you started calling around? Have you contacted the state insurance commissioner to see what is going on and how they can help?

 Just started looking. I'll have to reach out to insurance commissioner.