Premiums Rise for High Risk Homes

With citizens consuming high risk properties for several different reasons such as:

 

  • IMG_0296High Risk Area
  • Prior Insurance claims
  • Age of home
  • Type of home

 

That is why they have to increase premiums to have the assets to pay the claims for high risk properties. Underwriting for companies are always changing so it would be in your best interest to look around and see if there are other companies that could help you.

 

Although State Farm Insurance, Nationwide Insurance, and Allstate Insurance Companies in Florida are not accepting new homeowner insurance policies, there are a lot of Home insurance companies that are currently writing home insurance. Do you your home work and you will find that there are sources to check companies to see their financial rating and assets. Give us a call or request a quote, we would to love to save you money.

 

Related story on Google news.

 

Don Westerfeld 10/3/2010 10:54:00 PM

About the Author Don

Don Westerfeld has been active in the field of Insurance and Financial Planning since 1997. Don grew up in Indiana later moving to Lakeland Florida where he continues to reside with his wife and children. When he’s not in the office you can find him enjoying the great outdoors. He has served on several charitable business and non-profit organizations and continues to provide guidance, advice and support to local charities.

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