Castle key Insurance


The increases will be 14.9 percent, but in Fort Lauderdale and most of South Florida that could mean 20-30% so look for the next renewals. Allstate did ask for 30% or more so this is a win for the consumer’s I guess. Please call L & S Insurance at 1-888-244-7400  for quotes on Home, Auto, Flood, Business & Commercial and Life Insurance as well. Please read the full article below;

http://www.insurancejournal.com/news/southeast/2012/11/21/271370.htm

46% of all Floridians say that Insurance is a huge burden compared to 24% for the tax problem. 4 years ago it was 36% and 31%. Obviously this is a continuing problem that still must be dealt with in Tallahassee. The average premium for a single family  Home Insurance policy in S. Florida is now over 3K/year  and could be close to 4K.Many homes are over 6K especially if they are older homes with Flat roofs even if they are newer. Condo Insurance  policies are never below $1200 these days. How much can the people of Florida handle and how badly will this hurt the desperately needed Real estate recovery that has started?? Home Insurance rate hikes for next year are already approved for many Carriers like Castle Key, Citizens, State Farm and many other’s. More questions than answers today, but please call L & S Insurance at 1-888-244-7400 for all of your quote for Home,Auto, Flood, Business & Commercial and Life Insurance policies as well. Please read the full article below fom the Herald tribune.com on line paper.

http://ht.ly/eJp71

Look at the average increases and then double them if you live in Fort Lauderdale or South Florida and even the rest of Florida will get hit!! These increases come on top of already huge increses this year from each of those carriers, but my info says that 19 carriers are scheduled for rate hikes later this year. Julie Patel of the Fort Lauderdale Sun Sentinal writes this article, but the real unknown question is what will the Citizens rate hikes be for January 2013?? The Mitigation inspections being redone are causing huge rate increases, but if we do not see a large increase from Citizens  people will be choosing Citizens still and that does not meet what the Governor wants to accomplish. Either way, it is very expensive to own a home here in S. Florida as my Insurance is already 50% more than my taxes? Please call L & S for a  quote on Home, Auto,Flood Business & Commercial, and even Life Insurance at 1-888-244-7400. This article below was sent to us by our Friends at First State Insurance.

http://weblogs.sun-sentinel.com/business/realestate/housekeys/blog/2012/07/three_major_florida_home_insur.html

They want to be independent, but they also want the big company name and now they want both! Allstate agents( Including all subsidiaries like Castle Key) want everything and  let’s see how far they go. I am an independent  agent and  L & S is my agency. I do not have the big company affiliation, my marketing expenses are mine and my decision only. No company advertises to call L & S Insurance in Fort lauderdale for a quote, I do all of that w/ my marketing efforts. Local Allstate agents do not have to do that as it is part of the Franchise fee they pay so why should they have both, I guess I would love both, but I have the hand I dealt my self and I  am pleased where we have come to this point. All the best to them, but I think they will soon realize that w/ Union dues and Union Strikes when the Union is not happy it  could hurt them as well.  Please be mindful of hurricane season now as we are in the peak  season and the storm activity will pick up. Please call L & S for all of your independent  Home, Auto, Flood, Business, Commercial and even Life Insurance.Please enjoy the article below;

http://www.insurancejournal.com/news/national/2011/08/18/211529.htm

The  OIR has backed   All State Insurance saying  it was necessary and they were happy that All State still remains a viable carrier in Florida. The increase for those policy holder’s will be quite substantial in Fort laud, S. Florida and all of Florida, but the worst will be in S. Florida as the increases could truly mean 50% or more. This will be no differant then any other carrier and State Farm has already done this, but worse. We have seen some clients come from State Farm w/ increases that are nearly 300% form the prior year. What makes this worse is that most carriers are also re-inspecting homes for Wind mitigation Inspections and people are loosing doscounts and when that get’s compounded on top of an increase it feels even worse, consumer’s are very upset and I do not blame them. Governor Rick Scott and the Florida legislative body all seem to agreee this is what must be done and it is happening. New people buying Homes should be made aware of the increased cost since many are still trying to squeeze people in and that is a problem many times.Please remember to call L & S Insurance for all of your Home, Auto, Flood business and commercial Coverage’s as well as Lfe Insurance for Fort Lauderdale and all of Florida.

thx,

http://www.insurancejournal.com/news/southeast/2011/07/22/207651.htm

These increases will be a State wide average of 34% which will be huge for S. Florida as the numbers are usually double that number here?? The company Castle Key Insurance  is the carrier which used to be Allstate Floridian. They took a normal increase last year, but this one will be almost triple the last one and on top of it of couse.  The increases should come soon and of course during  Hurricane season the toughest time to shop for a new policy at better rates.Please call L & S Insurance for all of your Home, Flood, Auto, Business and commercial and Flood  quotes as well as life Insurance.

http://www.insurancejournal.com/news/southeast/2011/06/28/204293.htm

Follow

Get every new post delivered to your Inbox.

Join 42 other followers