More Insurance Firms Leaving High Risk Areas (Part 1)
Insurance policy holders in areas that are deemed to risky by insurance companies be prepared, to receive notice that your insurance firm is dropping you from their client list and that they are not going to renew your Home’s insurance policy once it expires this year. Metlife has sent mailers informing customers that they are in the process of not renewing contracts in Florida, one of the most costly states in terms of insurance payoffs. StateFarm, another big insurance provider for home sin Florida is reportedly leaving the area and has stopped writing home insurance policies to current clients waiting for most of them to expire before taking their business elsewhere.