Insurance companies are increasing auto rates in Florida as residents prepare to hunker down this hurricane season. Some major insurers, such as Farmers, are leaving the Sunshine State outright, while others are increasing car insurance premiums by 30 percent or more, according to the Tampa Bay Times.
Insurance companies are, as a rule, prettymuchtheworst. It seems they’ll do anything in their power to avoid paying out for claims, even going so far as to drop customers they think might someday need a payout. Case in point: A California resident had his homeowner’s insurance revoked because of a project Chevrolet …
Despite not making a claim in 15 years, this Californian homeowner had their insurance policy terminated due to a cluttered yard that included tires and a Chevrolet under restoration
While used car prices are still high, inventories are improving. Unfortunately, the last few years of extreme weather means thousands more flooddamaged cars hit the market every year. With the recent flooding in New England, Consumer Reports says buyers should be prepared to be on the lookout for flood damaged…
Farmers Insurance is no longer willing to offer insurance in the state of Florida. The national insurer is withdrawing 100,000 policies in the state just in time for the arrival of hurricane season, including both home and automotive policies, as CNN reports. This is going to leave thousands of Florida drivers without…