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Updated over 2 years ago on . Most recent reply

User Stats

26
Posts
8
Votes
Lance Mundo
  • Investor
  • Newnan, GA
8
Votes |
26
Posts

STR Insurance & Flood Insurance

Lance Mundo
  • Investor
  • Newnan, GA
Posted

How is the market for obtaining STR and flood insurance in the FL Panhandle now? Prices gone up? Policies being canceled?

  • Lance Mundo
  • Most Popular Reply

    User Stats

    184
    Posts
    122
    Votes
    Aaron Porter
    • Insurance Agent
    • all 50 states
    122
    Votes |
    184
    Posts
    Aaron Porter
    • Insurance Agent
    • all 50 states
    Replied

    @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. 

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