After Hurricane Andrew in 1992, many of the best home insurance companies stopped doing business in Florida. Even more companies stopped writing new business or left the state all together after the 2004 and 2005 hurricanes. Today only a few name brand companies remain to service their existing policy base but for the most part they don't write any new business.
What was once a prominent list of over 500 companies has been reduced to a short list of only 40 companies that are still active in Florida. Most of the companies that remain are new start ups with names that most people won't recognize.
With all of the chaos in the Florida home insurance market, what is the best way for you to find the best Florida home insurance companies among the few companies still remaining? Check Internet #1 - Top Rated Home Insurance Companies In Florida @ http://insurancecure01.webs.com and solve your problems right now!
Look for companies that have most or all of the following:
Longevity - companies that have been around longer simply have more experience and better developed systems to write policies and process claims.
Financial Stability - high financial ratings, a large surplus to pay claims, and backup reinsurance from companies that also have high ratings.
Risk Diversification - a core base of policies that include an appropriate mix of newer, inland homes balanced out against older homes that are closer to the Florida coast. The policy base of the company should be distributed geographically around most counties in Florida - not just concentrated near the coast in South Florida counties. Finally it is better to find a company that has expanded its policy base to other states in addition to Florida.
Customer Service - the company must have an outstanding customer service reputation and a record of fast and fair claims processing. In other words when you call them someone quickly answers the phone. If you have a billing question, they have the people skills and the systems to make things right. Following a hurricane, it means that an adjuster will come to visit your home quickly and to assess the damages. And when he leaves, the company quickly values your damages and sends you a check.
Here's what you should to do get the information you need to pick a good Florida home insurance company:
Find out when the company was first licensed on the website of the Florida Office of Insurance Regulation. Select a company that was formed before the hurricanes of 2004 if possible. Check Internet #1 - Top Rated Home Insurance Companies In Florida @ http://insurancecure01.webs.com and solve your problems right now!
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Having problems with Insurance? Don’t understand whether you are able to make claims?
Check Internet #1 - Top Rated Home Insurance Companies In Florida @ http://insurancecure01.webs.com and solve your problems right now!