Three More Florida Property Insurers Cancel Policies
Three Florida property insurance companies have added their names to the list of insurers that have been cancelling policies in the state due to hurricane claims.
Together, the three insurers will either cancel or not renew over 53,000 policies starting in June.
These Florida property insurance cancellations are occurring just before the start of the 2021 hurricane season.
Affected customers will be receiving a letter to advise them of the fact that their policies will no longer be continuing beyond a cancellation or non-renewal date.
The companies that are shedding customers ahead of the stormiest season in the area include Universal Insurance Company of North America, as well as Southern Fidelity Insurance Company and Gulfstream Property and Casualty Insurance Company.