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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