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Updated over 2 years ago on . Most recent reply
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Who is selling rental property insurance in Florida right now?
It is very hard to find property insurance in Florida right now. I have a quad in Jacksonville and Progressive/ASI just literally dropped me mid term and sent me refund! My insurance agent said it's been a complete mess. Nearly no one wants to cover Florida properties anymore, especially rentals. Any suggestions? My mortgage company sent me a letter obviously demanding I get re-covered quick! Please help!
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Quote from @Ellen Warring:
It is very hard to find property insurance in Florida right now. I have a quad in Jacksonville and Progressive/ASI just literally dropped me mid term and sent me refund! My insurance agent said it's been a complete mess. Nearly no one wants to cover Florida properties anymore, especially rentals. Any suggestions? My mortgage company sent me a letter obviously demanding I get re-covered quick! Please help!
Citizen’s insurance is state funded. They will definitely cover you (as long as your property is “in order”…. Nothing like poly-b pipes, outdated water heater, etc)
We have found citizens us cheaper than some of our regular carriers. We have at least half a dozen carriers we are insured under. Heritage, American Integrity, Tower Hill, UPC (United Property & Casualty).
Not sure if they are all taking new customers, but could check.
Randy