Citizens Insurance is getting another rate increase.
http://www.fastcheapquotes.com/index.php/2011-10-02-15-16-52
The original article is at http://www.tcpalm.com/news/2012/jul/30/citizens-insurance-board-approves-89-average/
The board of the state’s last-resort insurer Citizens backed off proposals to uncap rates for new customers and limit coverage for water claims but approved an 8.9 percent statewide average premium boost for homeowners Friday.
We encourage you to visit our site. We represent independent agents who represent insurance companies who will give you competitive quotes.
http://www.fastcheapquotes.com
Monday, July 30, 2012
Tuesday, May 1, 2012
Well things have been very busy here at FastCheapQuotes. Homeowners in Florida are coming to find out that we can provide you with your homeowners quote. We can also provide you quotes for your Florida condo insurance. Our website is designed to provide quick ball park quotes for homeowners quotes. The quote will be forwarded to one of our agents who will contact you to get a firm quote. If you are happy with the quote they can get you a policy from on of the companies we represent. The Companies are all the very best Florida has to offer. Give us try and let us know what you think. It doesn't matter if you are in Jacksonville, Gainesville, Orlando or anywhere else in Florida.
Visit us at www.fastcheapqutoes.com
Visit us at www.fastcheapqutoes.com
Tuesday, February 7, 2012
More Citizens News
Well I hate to be the one to keep talking bad about Citizens but when
the Wall Street journal reports on it I just have to pass along some of
their facts. Here is a link to the full article you want you to read it yourself.
This is a quote directly from the above article.
Citizens Property Insurance Corp., already the state's largest home insurer, was growing late last year at a clip of 4,000 policyholders a month. It now has 1.5 million policyholders and a total exposure of $511 billion, about one-quarter of the market.
All I can say is WOW. 4,000 new policies per month and they now insure 25% of the market. This makes them the number one insurer in Florida. Bigger than State Farm and Allstate. It is hard to believe there are so many private insurance companies who want to write new business in Florida, ones that can provide better customer service, are better able to handle a large store, are better financially stable, but can't compete with the prices the state is offering. If this was a private business they would be considered financially unstable and would be going out of business. If it were an insurance company the department of insurance would have come in by now and shut them down. So why do we allow them to continue to operate the way they are today?
If you want an insurance policy with a company that can provide you with great customer service, has experience working large storms, financially stable give us a try. Talk to our customer service reps. We can help you get the policy and a company which is best for you. We offer an online rating tool that will allow you to see a ball park price for your home. If you want to submit the price to us online we will either call you or e-mail you to see how we can further help you. Our website is www.FastCheapQuotes.com or you can see us on Facebook at www.facebook.com/fastcheapqutoes.
This is a quote directly from the above article.
Citizens Property Insurance Corp., already the state's largest home insurer, was growing late last year at a clip of 4,000 policyholders a month. It now has 1.5 million policyholders and a total exposure of $511 billion, about one-quarter of the market.
All I can say is WOW. 4,000 new policies per month and they now insure 25% of the market. This makes them the number one insurer in Florida. Bigger than State Farm and Allstate. It is hard to believe there are so many private insurance companies who want to write new business in Florida, ones that can provide better customer service, are better able to handle a large store, are better financially stable, but can't compete with the prices the state is offering. If this was a private business they would be considered financially unstable and would be going out of business. If it were an insurance company the department of insurance would have come in by now and shut them down. So why do we allow them to continue to operate the way they are today?
If you want an insurance policy with a company that can provide you with great customer service, has experience working large storms, financially stable give us a try. Talk to our customer service reps. We can help you get the policy and a company which is best for you. We offer an online rating tool that will allow you to see a ball park price for your home. If you want to submit the price to us online we will either call you or e-mail you to see how we can further help you. Our website is www.FastCheapQuotes.com or you can see us on Facebook at www.facebook.com/fastcheapqutoes.
Sunday, January 22, 2012
Are you a big Facebook fan? Do you need homeowners insurance? Here at FastCheapQuotes.com understand. We understand for some there isn't much past Facebook. So to help you we have created an application right on Facebook that will allow you to get homeowners insurance quotes quthout leaving the site. Check it out. http://apps.facebook.com/fastcheapquotes/. On this page you can quote you home, try different dollar amounts and work up the quote that works for you. You can then submit you best option and we will have an agent contact you and take care of the detailed. Give it a try and please let us know.
http://apps.facebook.com/fastcheapquotes/
Friday, December 23, 2011
Citizens home value calculator
Citizens home value calculator
As you can see from this Sun sentinel article, Citizens
Insurance is going to start a program to review the value they are insuring your
home for. Some people feel that they are
basing the coverage value of the homes to high.
This should be the actual cost to rebuild the home as it is today. This is not the sale price of the home. This is often misunderstood since many of the
homes have gone down in value. Just
because there are worth less on the sales market does not mean that they
replacement cost of the home has gone down as much. If the replacement cost is lowered this would
cause the homeowner premium to also go down.
If this is true Citizens will see a decrease in the amount they are
actually responsible for which will help the problem Citizens is in. Citizens Insurance does not have enough money
on hand to pay for all the losses in the case of a large single storm. The lowering of the replacement cost will
help but only if the amounts they are lowered to are truly the correct amounts.
We don’t want anyone to pay more than they should. The homeowner needs to be honest with the amount of coverage they need and the insurance company should have enough money on hand to pay for any losses. There are rules in place to insure insurance companies can hold up their end of the contract. It is too bad Citizens does not have to follow the same rules other insurance companies have to. We encourage you to find an independent insurance agent. They have many companies for your to choose from giving you options. They can explain the differences between the difference between the companies and why one may be better than another for you. There is a best fit but there is not a best fit for all.
www.fastcheapquotes.com is designed to connect you with an agent which can help. We can give you some ball park pricing on line that our agents can then further take and firm up. Give us a try we are sure you will be happy.
Wednesday, December 7, 2011
The Gainesville Sun
The Gainesville Sun could not have said it any better.
Here is the link.
If you are one of the 1.5 million people in Florida who have a citizens policy you should say thank you to the rest of the homeowners in Florida. If there is even one large Hurricane the rest of the homeowners will be charged with making up the differences. Since the state does not have enough money to pay for the claims they will tax the homeowners of Florida to make up the difference.
The example the Gainesville Sun gave "Thus, residents of inland Alachua County — largely insulated from the brunt of hurricanes — are on the hook for any damages done to beachside condos in Miami."
I encurage you to check with your independent insurance agent to help you get a quote for homeowners insurance from a company who has money to pay for your claims. One that has enough claims adjusters to be able to give you the quick responce you expect even in times of emergency.
At FastCheapQuotes we can give you an online quote and connect you with an Independent agent who is anxious to work with you. If you prefer to use Facebook we have an app you can use. Try it here.
Here is the link.
If you are one of the 1.5 million people in Florida who have a citizens policy you should say thank you to the rest of the homeowners in Florida. If there is even one large Hurricane the rest of the homeowners will be charged with making up the differences. Since the state does not have enough money to pay for the claims they will tax the homeowners of Florida to make up the difference.
The example the Gainesville Sun gave "Thus, residents of inland Alachua County — largely insulated from the brunt of hurricanes — are on the hook for any damages done to beachside condos in Miami."
I encurage you to check with your independent insurance agent to help you get a quote for homeowners insurance from a company who has money to pay for your claims. One that has enough claims adjusters to be able to give you the quick responce you expect even in times of emergency.
At FastCheapQuotes we can give you an online quote and connect you with an Independent agent who is anxious to work with you. If you prefer to use Facebook we have an app you can use. Try it here.
Thursday, December 1, 2011
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.
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.
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