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Updated almost 3 years ago on . Most recent reply

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Ellen Warring
  • Rental Property Investor
  • Atlanta, GA
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Who is selling rental property insurance in Florida right now?

Ellen Warring
  • Rental Property Investor
  • Atlanta, GA
Posted

It is very hard to find property insurance in Florida right now. I have a quad in Jacksonville and Progressive/ASI just literally dropped me mid term and sent me refund! My insurance agent said it's been a complete mess. Nearly no one wants to cover Florida properties anymore, especially rentals. Any suggestions? My mortgage company sent me a letter obviously demanding I get re-covered quick! Please help!

  • Ellen Warring
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    Randall Alan
    • Investor
    • Lakeland, FL
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    Randall Alan
    • Investor
    • Lakeland, FL
    Replied
    Quote from @Ellen Warring:

    It is very hard to find property insurance in Florida right now. I have a quad in Jacksonville and Progressive/ASI just literally dropped me mid term and sent me refund! My insurance agent said it's been a complete mess. Nearly no one wants to cover Florida properties anymore, especially rentals. Any suggestions? My mortgage company sent me a letter obviously demanding I get re-covered quick! Please help!


    Citizen’s insurance is state funded.  They will definitely cover you (as long as your property is “in order”…. Nothing like poly-b pipes, outdated water heater, etc)

    We have  found citizens us cheaper than some of our regular carriers.  We have at least half a dozen carriers we are insured under.  Heritage, American Integrity, Tower Hill, UPC (United Property & Casualty).

    Not sure if they are all taking new customers, but could check.


    Randy

  • Randall Alan
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