02/01/2022
The challenging Florida homeowner’s market. Why is it so hard to find homeowner’s insurance in Florida?
1. Captive agents, or those who only work for one company, have limited markets. Your agent may have a lack of available carriers and this makes it difficult to have options of quotes.
2. Lack of capacity basically can stop a quote in it’s tracks. Insurance carriers can put a cap on how many homes they insure annually and once it is reached, you can no longer get insurance through those carriers until their market opens back up.
3. There may be something that just doesn’t fit their underwriting guidelines. Your roof may be older than they will accept, or perhaps you wiring is not updated.
The good news is that there are many A-rated regional companies who would love to have your business and The Insurance Butler works with many of these companies. Visit our website for a quote or call us at 352-367-1050.
