I still don’t like the rate at which Homeowners Choice has grown recently. They took over a risky Homewise book of business and now they’re taking 75k Citizens policies?
Somehow, I don’t think this will have a happy ending.
Don’t forget to review the takeout policy…do your diligence and increase the liability to $300,00 at renewal. Also review the personal property. As an agent, you need to review every take out policy as if it were new business.
At least these are established carriers that we’ve had dealings with before. No more “Magnolia” incidents please!!!
I still don’t like the rate at which Homeowners Choice has grown recently. They took over a risky Homewise book of business and now they’re taking 75k Citizens policies?
Somehow, I don’t think this will have a happy ending.
I can’t disagree with your sentiment. That said, at least they are public so the books are open and subject to scrutiny.
Mr Scott Please reinstate the rule TAKE OUT Means STAY OUT’!!!!!!!!!!. Or Increase Elegibility to 25% Rule
Don’t forget to review the takeout policy…do your diligence and increase the liability to $300,00 at renewal. Also review the personal property. As an agent, you need to review every take out policy as if it were new business.