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New Homeowners Provider Poised to Enter S. Florida Market

Southeast News • August 10, 2006
Northern Capital Insurance Co. will enter the homeowners insurance marketplace in Florida and begin writing policies on or about Aug. 15, according to Wayne Fletcher, president of the Miami, Fla. ...

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Subject: Ask the Mortgage Company for Forgiveness, not Permission

Posted On: July 22, 2007, 3:56 pm CDT
Posted By: Michael
Comment:
All admitted, private insurance companies have to satisfy the Florida Office of Insurance regulation requirements for initial capitalization, surplus it is required to maintain, and financial stability. Its a long application process and a first step an insurance company has to take before it approaches the rating services about financial ratings.

My suggestion, is to find the best private insurance you can find and just send it in to your mortgage company. They do very little checking of the financial ratings if at all.

Also, you are better off in a small start up company like Northern Capital than you will ever be with Citizens. The lines there will be very long after the next hurricane.

Also, check out the Home Insurance Buyers Guide located at:

www.homeinsurancebuyers.org

The Buyers Guide will be available in early August and will feature companies like Northern Capital writing new business in your area.

Good luck!
Subject Posted By Posted On
RE: Rating Susan Dee Schnur
Jan 26, 2009, 10:34 am
Ask the Mortgage Company for Forgiveness, not Permission Michael
Jul 22, 2007, 3:56 pm
RE: Rating SARI PALMESE
Jun 25, 2007, 9:22 am
RE: Rating harry miller
May 24, 2007, 12:15 pm
Rating Interesting
Aug 11, 2006, 8:30 am
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