Warning! Your current homeowners’ insurance company doesn’t want you to read this.
The media in Florida likes to scare people into thinking that obtaining property insurance can be a difficult and expensive endeavor. I would like to dispel this myth. While insurance rates from the big name insurance companies tend to be a much higher in Florida and other coastal states that are hit by hurricanes, there are many insurance brokers trying to fill in the void by offering affordable homeowners’ insurance policies. By grouping different types of policies and shopping around rates from various underwriters the brokers are able to bring a type of package deal that will definitely save you hundreds and sometimes even thousands of dollars.
There are numerous insurance brokers in Brevard County area that can quickly give you an estimate on insuring a property. The brokers can even give you an estimate on a property that you might be interested in purchasing but you would like to know all your expenses before you purchase. One company that I usually refer my customers, All Brevard Insurance located in Melbourne Florida uses several insurance underwriters like USF&G, Universal Property, Universal of North America, Federated National, Lexington, Beazley, Olympus, and Saint Johns to make sure you don’t pay too much for your homeowners’ insurance.
So remember if you get a letter in the mail about your insurance company dropping you or raising your rates, do everyone a favor, open the phone book and make some calls to get an insurance quote before you contact your local newspaper or news reporter to complain. It only adds fuel to the fire.