State Farm to Give $23 Million in Rebates Back to Floridians !!

The news tonight is good for Florida homeowners: State Farm insurance has agreed to rebate $23 million to Florida homeowners on their policies and to reduce rates totaling another $23 million!

In addition to this, State Farm will no longer look at what other forms of insurance policyholders have with them before deciding on rates and cancellations! This is part of the settlement between State Farm and the Florida State Insurance Regulators and the Office of The Attorney General.

Some 50,000 policy-owners living along the coastline will still be canceled, but these cancellations are no longer tied to whether or not the policyholder also has State Farm Auto Insurance!

This is  great news for Floridians!!!

 
Post is included in group: Realtors®
Post is included in group: All Things Florida
Post is included in group: Florida Gulf Coast Realtors
Post is included in group: North Pinellas County Florida
Post is included in group: Palm Harbor Florida and East Lake area

5 Comments on State Farm to Give $23 Million in Rebates Back to Floridians !!

Good news for FLorida homeowners. Thanks for the update!

10/03/2007 10:05 AM by Janis, Marty and Mike Gagliardi Port Orange FL Real Estate (Gaffs Realty Co.)

Janis, Marty and Mike - This one is LONG overdue!!!

10/03/2007 03:35 PM by Barbara-Jo & Bill - - Florida Realty Professional - AHWD (Charles Rutenberg Realty)

Thank you very much for the update!

I am one of the unlucky ones being dropped by State Farm.

But after hearing over and over again that no one was writing any new Florida homeowners insurance business in Charlotte County, I found a new website called The Home Insurance Buyers Guide:

www.homeinsurancebuyers.org

This website lists 21 companies still writing new Florida home insurance business in Charlotte County.

I found 6 good companies that I didn't know were writing here and easily saved $2,000 compared to what I was paying with State Farm.

Anyway, this site is worth it.  Just wanted to pass it along.

11/24/2007 03:03 AM by Monica Parchesi (Parchesi Finanical Services)

Thank you very much for the update!

I am one of the unlucky ones being dropped by State Farm.

But after hearing over and over again that no one was writing any new Florida homeowners insurance business in Charlotte County, I found a new website called The Home Insurance Buyers Guide:

www.homeinsurancebuyers.org

This website lists 21 companies still writing new Florida home insurance business in Charlotte County.

I found 6 good companies that I didn't know were writing here and easily saved $2,000 compared to what I was paying with State Farm.

Anyway, this site is worth it.  Just wanted to pass it along.

11/24/2007 03:04 AM by Monica Parchesi (Parchesi Finanical Services)

Monica - thank you! I will keep that for clients!!!

11/24/2007 09:30 AM by Barbara-Jo & Bill - - Florida Realty Professional - AHWD (Charles Rutenberg Realty)

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Real Estate Agent: Barbara-Jo & Bill - - Florida Realty Professional - AHWD (Charles Rutenberg Realty)
Barbara-Jo & Bill - - Florida Realty Professional - AHWD
Clearwater, FL
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Charles Rutenberg Realty

Office Phone: (727) 512-0910
Cell Phone: (727) 512-0910
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Purchasing or selling in the Clearwater, Safety Harbor, Dunedin area of Pinellas County? We would love to become your real estate consultants for life! With our years of experience in the industry, we can guide you through the complex negotiating process. Give Barbara-Jo a call at 727-512-0910 or Bill at 727-916-0138 today so we can start the process!

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