The OIR in Tallahassee was trying to shut down Homewise Insurance company because of the financial status of the company and thank god Homeowner’s Choice(HCI) came to save the day for the clients of Homewise and the agents that represent them like L & S.Our 250 clients with this carrier will now be relatively safe from the issues that come when a company normally shut down. Of course some people will still get non renewed and the rates will be adjusted at renewal time, but anything is better than searching for insurance in a rush and trying to get new inspections or whatever else is needed.Most would have ended up in Citizens which is not good for most and it is not what our governor wants either. HCI is a fine company and this will double their size and financial stability without growing the expense side. This will be a win win scenario for Fort. Lauderdale and all over S. Florida. Please read the full story below and remember to call L & S Insurance for all of your home, Auito, Flood, business & Commercial and even Life insurance quotes.
November 8, 2011
Homeowner’s Choice takes over Homewise!Posted by homeinsuranceguru under Auto Insurance, Citizens Insurance, Flood Insurance, Florida, Fort Lauderdale, Governor, Home Owners Insurance, Homeowner's Choice, Homewise Insurance, Mitigation Inspections, Tallahassee | Tags: Auto Insurance, Car Insurance, Citizens, Flood Insurance, Florida, Fort Lauderdale, Home, Homeowners, Insurance, policy |