The only good news here is that the policies will continue until the anniversary and then non renew! This Insurer was put under watch by the Florida OIR nearly 2 years ago, but has maintained itself as best it can. Over 4K policies were dropped over the last 12 months to try and help, but the financials they have are not good enough to stay in business.Most of these people will have to go to Citizens Insurance which is where they came from, but we hope for abetter scenario if the hurricane season is not so bad. Argus is owned by United Auto and this should not affect that carrier, but we will see soon enough. Please call L & S Insurance for help w/ this matter and we will move all of our remaining clients at the non renewal date which should not occur for L & S till after Hurricane season which is coming real soon. Please read the full article by Julie Patel of the Sun Sentinal;
April 29, 2011
Another Home Insurer leaving Florida(Argus Insurance)!
Posted by homeinsuranceguru under Argus Insurance, Auto Insurance, Citizens Insurance, Florida, Home Owners Insurance, Hurricane Updates, Julie Patel, OIR, Sun Sentinal, United Auto Insurance | Tags: Auto Insurance, Car Insurance, Citizens, Florida, Homeowners, Hurricane, Insurance, policy |Leave a Comment
Leave a Reply