Posted On: March 10, 2009, 9:53 am CDT

Posted By: WCFL Agent

Bill - Maybe SF has $63 billion nationally, but all we hear from SF and their agents is that they are losing $20 million a month and that in 18 months or less they will be bankrupt (quote). I know it is SF Florida, but SF national is supposedly letting them sink or swim on their own. They can't have it both ways, and it is like the pot calling the kettle black when they belittle start up carriers etc. I wish we could convince national or large regional carriers with good financial standing to write here in FL, but that isn't going to happen. What I meant by the start ups not making the same mistakes, its that the ones we are using have people with extensive backgrounds in the industry running them and we have to put our faith there or citizens, I'll choose the start ups any day. The biggest surprise for many customers who have come to us due to the SF homeowners issue is that they are finding out just how uncompetitive their auto rates are. We are using an A++ large regional and in most cases saving them hundreds or more, then they really feel used after staying with SF all these years. That is how the free market system really works.