The Agency of Choice for Affordable Home Insurance
Thousands of State Farm Florida policyholders will start getting letters next week Monday February 1, 2010 saying they'll be dropped in August 2010.
State Farm Spokesman Chris Neal declined to say how many policies will be part of the first wave of cancellations in South Florida. But less than 20 percent of State Farm's 815,253 residential insurance policies statewide were in Broward, Palm Beach and Miami-Dade counties as of late June.
State Farm also received approval to increase statewide rates by 14.8 percent rate hike on average. The increase comes on top of what amounts to a 28 percent average statewide rate increase based on the insurer's decision to end rate discounts.
As a Trusted Choice Independent Agency, you can rest assured you're dealing with a reputable firm with the best interest of all our clients at all times.
Because we keep our pulse on the market and since we represent some of the best carriers available, we can keep you insured at the most competitive rates regardless of how the market might change.
The days of having all your insurance with one company like State Farm are sadly over in Florida. An insurance customer's best bet now is to have an experienced Independent Agent that truly represents the client and is not beholding to any one company.
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