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Progressive customers in Florida should ‘keep an eye’ on mailbox as company drops home insurance policies, expert says

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Property Insurance ニュース

Florida,Property Insurance Crisis,Progressive

In the middle of what’s being called a “property insurance crisis” in Florida, several local homeowners said their policies are being dropped by Progressive, one of the biggest property insurance companies in the country.

Progressive– In the middle of what’s being called a “property insurance crisis” in Florida, several local homeowners said their policies are being dropped by Progressive, one of the biggest

A total of 53,000 homes affected are in high-risk areas, and the remaining 47,000 are seasonal homes.“After raising my rates dramatically last year, they now have dropped me. I have been moved to a new company, but I have not yet received my new quote,” Gary wrote. “So if you are a Progressive customer for homeowners’ insurance, you know, you need to keep an eye on your mailbox. And if you happen to have signed up for paperless, you may not get a notice in the mail, it may come to your email. So watch your email in your mailbox like a hawk,” Carlucci said.

Priced Out: 1 in 3 Floridians who get dropped by their homeowner’s insurance company are choosing to move: study finds

 

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3 Florida property insurance companies announce reduction in rates, desire to give homeowners some reliefThree Florida property insurance companies have either announced a reduction in their rates or the desire to pass some relief on to homeowners.
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