Is universal insurance leaving Florida?

Is universal insurance leaving Florida?

Since February, four insurance companies have asked Florida officials to let them cancel or not renew customer policies, including Universal Insurance Company of North America, Southern Fidelity Insurance Company, and Gulfstream Property and Casualty Insurance Company. Jul 20, 2021

Is Capitol preferred going out of business?

Capitol Preferred will no longer exist following the transaction, and all of its 82,800 policies will be moved to Southern Fidelity. Nov 8, 2020

Why did my homeowners insurance go up 2021 Florida?

Supply chain disruptions cause a lack of building materials like lumber. In turn, it costs more for insurance companies to pay to rebuild homes after a filed claim. Lawmakers are trying to find a solution by filing bills to open up more companies for homeowners to choose from. Feb 11, 2022