Home Insurance Buyers Guide, LLC

As we move into 2008, State Farm Florida Insurance Company is moving forward with a statewide plan to drop over 50,000 Florida home insurance policies.

John Hielscher of the Sarasota Herald Tribune reported on February 18, 2008 in an article entitled “Some Owners See Silver Lining in State Farm’s Nonrenewal” on a Sarasota County resident who was losing coverage on his Englewood, Florida home.

The article points out that many of those who have their homeowners insurance in Florida cancelled by State Farm Florida will end up in Citizens Property Insurance Corporation.

While some feel they may save money by moving into Citizens Property Insurance Corporation compared to what they were paying with State Farm Florida, others are concerned about Citizens poor customer service history, coverage limitations, and the potential for being moved from Citizens to an undercapitalized take-out Florida homeowners insurance company.

These Florida homeowners insurance cancellations in Sarasota County by State Farm Florida Insurance Company are coming after the company agreed to a 9% rate reduction that was preceeded by a 53% rate increase!

We estimate that the Florida home insurance cancellations by State Farm Florida are only part of over 5,000 Florida home insurance policies that will be cancelled in Sarasota County by many companies during 2008, and are part of an additional 150,000 Florida home insurance policies that will be cancelled statewide during the year.

Here’s what you should do if you receive a Florida homeowner insurance cancellation notice from State Farm Florida if you live in Sarasota, Englewood, Venice, North Port, Osprey, or anywhere else in Sarasota County:

Visit The Home Insurance Buyers Guide located at www.homeinsurancebuyers.org – an organization dedicated to helping homeowners find affordable, private Florida homeowners insurance.

The Home Insurance Buyers Guide helps you find, screen, and contact Florida homeowners insurance companies still writing new business in your area – Private companies that will keep you out of Citizens Property Insurance Corporation and offer you huge savings. But only if you act now – before your current policy expires and the 2008 hurricane season is upon us.

As of this writing, The Home Insurance Buyers Guide has 22 Florida homeowners insurance companies that are still writing new business in Sarasota County. You only need to find one Florida home insurance company that you weren’t aware of to save thousands!

You should expect your State Farm Florida agent to try to talk you into moving your Florida homeowners insurance policy into Citizens Property Insurance Corporation. Why? Because your Florida homeowner insurance agent wants to keep your State Farm Florida auto insurance business and doesn’t want you to know about the 22 other insurance companies that might be interested in covering your home. Your State Farm Florida Insurance Agent might also be concerned that when you make contact with other independent insurance agents that you might move your auto business to them as well. If you want to get the lowest cost on your Florida homeowners insurance, using your existing agent is not enough.

The Home Insurance Buyers Guide will help you to create competition for your Florida homeowners insurance business and help you put your policy out to bid – giving you the lowest possible cost so that your interests and not those of your agent come first.

Our Finding Private Insurance section explains why it is essential for you to have private Florida home insurance after the next hurricane.

Purchasing the Buyers Guide will give you access to 22 companies that have the potential to replace the Florida homeowners insurance policy you had with State Farm Florida.

Using the Home Insurance Buyers Guide will also put you in contact with an independent Florida homeowner insurance agent who can quote you an auto policy to replace the one you had with State Farm Florida – and at a cost that will be less than the auto insurance discount you thought that you were supposed to be getting from State Farm Florida on your auto all of these years.
There is an excellent chance that you can save thousands over what you had been paying State Farm Florida for the combined Florida homeowners insurance and Florida auto insurance policies.

Last but not least, The Home Insurance Buyers Guide gives you a way to get involved with the Florida homeowners insurance crisis and to let you legislators know how you feel about the poor availability of private homeowners insurance in Florida and in particular in Sarasota County.

43% of all subscribers to The Home Insurance Buyers Guide report being cancelled by their Florida homeowners insurance company. Former customers who had their Florida homeowners insurance cancelled by State Farm Florida Insurance Company represent 29% of those in our subscriber base who report being cancelled- by far our largest group!

Use The Home Insurance Buyers Guide today and find out why losing your State Farm Florida Homeowners Insurance in Sarasota County is not the end of the world – and why you just might replace your State Farm Florida homeowners insurance and auto insurance with new companies that will save you thousands!