A recent survey by the Insurance Information Institute found more Floridians are turning their backs on insurers and, instead, self-insuring their homes because of the rising cost of their premiums.
Attending a national insurance conference in Utah this week, Alejandro Perez Duque began realizing one common denominator during each of the discussions. "Florida is what’s on everyone’s mind," said the director of PVG Insurance Group on Key Biscayne.
With insurance providers dwindling, Florida homeowners are struggling to weather the availability (and affordability) storm insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.
Storm risk is one reason insurance policies get cancelled – but not the only one. Late payments, pets, old roofs, ill-placed trees and other things can do it too.
Storm risk is only one of many reasons why homeowners insurance can be cancelled insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.