STR Insurance & Flood Insurance
How is the market for obtaining STR and flood insurance in the FL Panhandle now? Prices gone up? Policies being canceled?
Most Popular Reply
@Lance Mundo Right now in Florida there are a large number of carriers that have a "moratorium" on new policies. This year there have been 17 carriers leave the state, and there is no gauge yet as to what is going to happen since IAN hit. Carriers are definitely non renewing, and there are some that I have heard and seen that have been canceled mid-term.
Having a good agent in Florida is extremely important now more than ever for those of us that are investing and or living in Florida. If you need a referral send me a message and I can get that for you.