Home Insurance Buyers Guide, LLC

After a few years of limited relief, they are back again – Florida home insurance rate increases.

At the present time, they are coming in many shapes and sizes:

• Citizens Property Insurance is moving forward with multi-year rate increases in order to make their premiums more appropriate to the risks they accept.
• Private Florida home insurance companies are raising rates as well – many are getting double digit increases for the first time in several years.
• State Farm Florida recently received approval to eliminate certain discounts resulting in an effective Florida home insurance rate increase of 28%.
• Most Florida home insurance companies are moving forward with plans to re-inspect homes that might not qualify for certain discounts they are currently receiving.

So where does that leave you as a Florida home insurance consumer during these difficult economic times?  On the defensive as usual.

Here’s what you need to do to fight back against these Florida homeowners insurance rate increases:

• Shop your policy around with more than one Florida home insurance agent – it is the only way you can be sure to get a quote from every Florida home insurance company writing new business in your area.
• Decide on the minimum coverages you need in your Florida home insurance policy and make sure all of the Florida home insurance quotes you obtain have the same coverage.
• Don’t compromise on things like the value of of your home or a higher hurricane deductible – if you do a major Florida hurricane could wipe you out.
• Don’t assume that Citizens Property Insurance is your only option for a Florida home insurance policy.  It might not be.  New Florida home insurance companies are starting up all the time and there might be a company you don’t know about who wants to cover your home.
• Research each and every Florida homeowners insurance company that you are considering.  Don’t assume that each company you get a quote from will give you the same levels of fast and fair Florida insurance claim service.  And don’t assume that each Florida insurance company has the same ability to survive financially after the next Florida hurricane.  There is a very big difference among the companies and you will be sorry if you don’t shop around.

Last but not least, check out the Florida home insurance buyers guide located at:

www.homeinsurancebuyers.org

The buyers guide helps you find, screen, and contact Florida homeowners insurance companies still writing new business in the Florida county where you live.

When you use the Florida home insurance buyers guide you find out exactly who open for business in your county, what types of home they are looking for, and you get a buyers guide rating that helps you quickly narrow the field to the best Florida home insurance companies available in your area.

Don’t take these Florida home insurance rate increases lying down.  Check out the Florida home insurance buyers guide today.

After being turned down by the State of Florida for an average increase in Florida home insurance rates of 47%, State Farm Florida has decided that it will abandon the Florida home insurance market.

This is not good news as State Farm Florida covers over 700,000 homes accross the State.

And there is a great deal of concern that when private Florida home insurance companies are unable to absorb these policies, that they will end up being dumped in Citizens Property Insurance.

If you are concerned about losing your Florida home insurance with State Farm Florida, visit the Florida home insurance buyers guide located at:

www.homeinsurancebuyers.org

The buyers guide helps you find, screen, and contact Florida home insurance companies still writing new business in your county.  The guide tells you exactly who is still writing private Florida homeowners insurance in your county, what type of homes these companies are covering, and information on how to contact them.  Best of all, this service assigns a buyers guide rating to each Florida home insurance company so you end up with a clear picure of which company is a better buy for your money.

If you’ve received a Florida home insurance cancellation notice from State Farm Florida, Allstate Insurance Florida, or Nationwide Insurance Company of Florida, check out the Florida home insurance buyers guide.  You’ll end up with the most Florida home insurance quotes and save thousands.

According to a recent article by Beatrice Garcia of the Miami Herald, State Farm Florida has decided against writing any new Florida homeowners insurance business. The article published on 2/24/2008: “State Farm Florida: No new homeowners policies” provides the highlights of State Farm’s recent decision to stop writing new homeowners insurance in Florida.

While State Farm Florida hasn’t been writing any significant quantities of new Florida homeowners insurance in Kendall in recent years, when combined with the company’s current plan to cancel an estimated 50,000 Florida homeowner insurance policies, it is not good news for Kendall homeowners.

Availability of Kendall homeowners insurance in 2008 will continue to be a problem as the State Farm Florida home insurance cancellations are only part of the 150,000 policies that will be cancelled or non-renewed during 2008 across the State of Florida. Allstate Floridian Indemnity and Nationwide Insurance Company of Florida are also piling on in 2008 with their own rounds of Florida homeowner insurance non-renewals and cancellations.

The Home Insurance Buyers Guide located at:

www.homeinsurancebuyers.org helps Kendall homeowners find, screen, and contact private Florida homeowner insurance companies still writing new business – good companies that help Kendall homeowner insurance consumers stay out of Citizens Property Insurance Corporation and save thousands of dollars on homeowners insurance in Kendall.

Purchasing the Home Insurance Buyers Guide helps you find lower cost private Florida home insurance alternatives to State Farm Florida. Companies that will not only help you save on your Kendall home insurance, but will also introduce you to new, Florida independent homeowner insurance agents who can also save you money on your Florida auto insurance!

As of this writing, The Home Insurance Buyers Guide still has 21 homeowner insurance companies in Dade County still writing new business – that’s up to 21 chances for you to replace State Farm Florida or to get out of Citizens Property Insurance Corporation.

Finally, when you look at the Dade County homeowners insurance market, having only 21 possible companies to choose from is not very good. Using the Home Insurance Buyers Guide also gives you a way to get involved with the Florida homeowners insurance crisis and to let you legislators know how you feel.

Just because State Farm Florida is cutting back on home insurance in Kendall doesn’t mean that you can’t find other Florida home insurance companies who can save you thousands!

State Farm retracts report – Spokesman says talk of slashing 24,000 more policies untrue. Bradenton Herald – November 6, 2007

Get ready for more unwanted mail from State Farm starting on November 15, 2007.

That’s when notices will start going out for the 50.000 Florida home insurance policies State Farm intends to non-renew.

If you lose your homeowners insurance in Florida with State Farm, check out The Home Insurance Buyers Guide.

The Buyers Guide features the names of Florida homeowner insurance companies still writing new business in your Florida county.

Read more about the history of State Farm Florida, Allstate, and Nationwide and their recent history of non-renewals and cancellations.If you are trying to replace a policy cancelled by State Farm Florida, right now it is more important than ever for you to find private insurance.

And when you go to purchase new Florida homeowners insurance coverage, it is very important to find an insurance company with good ratings. The Home Insurance Buyers Guide includes a Buyers Guide rating for each and very Florida home insurance company in the Buyers Guide. Each Buyers Guide rating is on a scale from “1-10″ and gives you an easy way to compare each of the companies in the Buyers Guide against each other.

Learn more about how The Home Insurance Buyers Guide can save you thousands on homeowners insurance in Florida today!