Posted On: August 16, 2008, 7:55 am CDT

Posted By: Arthur L. Mackey

The company encouranges you to install hurricanne protection then wants to penalize you for the discount they encourage for you doing this? Sort of contradictory ! They say they have made no money on any policies in Florida; a BOLD FACE DIRECT LIE. I HAVE BEEN INSURED IN MY CURRENT HOUSE SINCE I PURCHASED IT IN 2001, THROUGH STATE FARM. I HAVE NEVER FILED ANY CLAIM AND CARRY ADDITIONAL COVERAGE ON JEWELRY AND OTHER PERSONAL ITEMS. ADDITIONALLY AM IN AN X FLOOD ZONE(FLOOD INSURANCE NOT REQUIRED)BUT STILL CARRY THE INSURANCE AS A BACK UP. WITH A 2% DEDU7CTABLE TO SAVE THE,M MONEY, AND ALL I HAVE DONE TO MINIMIZE RISK THEY WANT OT RAISE MY RATE BY MAYBE AS MUCH AS SEVENTY PERCENT. These insurance compies feel they should bare no mrisk. Maybe they need to look up the definition of insurance. Instead of spreading the risk among all of the insurance policies written by them they form a seperate Florida Corp. to have only this state in that risk pool, defeating the real meaning of spreading risk ! What a lie to policy holders, insurance regulators and the majority of stock holders who additionally are stock holders also. they are not telling the entire truth and should be called to task for this trickery by the Insursance commission and governor. Take away all of their ability to write any insurance, auto, business, special coverages and do like the state did to Allstate and maybe this company too will wake up !