AAA Joins List of Insurers Restricting Coverage in Florida
AAA announced it is restricting insurance coverage in Florida, following a similar move from Farmers Insurance.
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AAA announced it is restricting insurance coverage in Florida, following a similar move from Farmers Insurance.
Florida has become a hotbed for people migrating from other states in recent years, but as the population has increased, so has the average price of homeowners' insurance premiums.
Farmers Insurance informed the state it would "discontinue offering Farmers-branded auto, home, and umbrella policies" in Florida. The change is expected to impact about 100,000 policies.
If you have a Farmers insurance policy, you can reach out to your insurance agent to see the different coverage options that may be available to you.
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