Another one bits the bullet

In an artical that was published by the Palm Beach Post (you can read it here). Another Florida Insurance company has failed.  In the article you can see where this is the 6th largest company in the county and it has failed.  The policies are being picked up by another company.  I  have not heard of that company.  Which is scary if you think about it.  10,000 people are going to get renewal policies from a company that not many people have heard of.  Some may not even know they are getting a new company if they are escrow billed.  The mortgage company will pay the renewal premium and the homeowner may not even know.  This is the time to consider switching companies.  We encourage yo to go to fastcheapquotes and compare rate.  We also encourage yo to compare companies carefully.  Our companies are very well respected companies in the industry and are able to help you when you really need them.  In the case of catastrophe.  Will the other no named copany be there when you need them?

In the same article you can see that Citizens, which is the state run insurance program, they have 28% of the counties policies.  They have omitted that they can't afford to pay claims in the event of a large storm.  Our companies have proven they have the ability to pay.  Please come talk to use and we can show you why our companies are better.  You homeowners insurance is nothing to just ignore.  Our independent agents can find you the best company for your needs.

In an article in the Florida Times Union (you can read it here), they are talking about how underfunded Citizens insurance company is.   If Florida is his with a storm of any size the citizens of Florida will be hit with an assessment which will not be small. 
Here is a quote directly from their website.

If the worst happens
A Category 4 hurricane making a direct hit on Miami or Tampa Bay could fit the definition of a 100-year hurricane.

The $18.6 billion in bonds would be repaid through assessments, with the average Citizen policyholder being hit for $9,400 and the non-Citizens policyholder being assessed $7,100, according to a scenario outlined by Brent Winans, a Delray Beach risk-management consultant. Both could be paid over 30 years, with first-year installments of $1,200 and $360, respectively, and payments of $270 and $230, respectively, in subsequent years.

We strongly encurage you to shop around for your homeowner policy.  Ther are some really good companies out there.  We fell that the companies we represent are some of the best and we can help you with this decision.  Contact use via our website at FastCheapQuotes.