Thursday, December 30, 2021

My insurance company says we are in a High Risk area

One of the insurance companies we contract with at our Condo Association insures us for liability and crime. We have been with them for decades.

I just received a notice of non-renewal. Why? They say they are "no longer a market for habitational risks were the crime score rating is High or Very high."

We have no crime out here. We have never filed a claim.

So, Lake Worth, we keep getting told that crime is down. Is it possible they lumped suburban Lake Worth into the City of Lake Worth Beach? I thought by voting to change the name of our city that crimes would cease being attibuted to us, at least that is what you told us.

Click to read--

5 comments:

Anonymous said...

I think we are being told crime is down, but the fact is, crime MUST be up.

Have you seen the shootings this past month? Car theft? Assault?

With socialist doing as they please, and people looking away when crime is committed, it only increases their desire to become criminals. Time to rethink our strategy.

Anonymous said...

It all goes by zip code. Even Health Insurance!

Anonymous said...

This is the Florida that Ron DeSantis has built. Thanks, Ron!!

Lynn Anderson said...

FLORIDA – The Florida Senate passed several bills that could lower property insurance costs.

House Bill 7073 promises a reduction in property insurance premiums by more than $500 million statewide. It would eliminate certain taxes and fees homeowners pay on their property and flood insurance.
Senate Bill 7028 grants $200 million in funding to the My Florida Safe Home Program. The program provides matching grants of up to $10,000 for families while who fortify their homes with new hurricane-safe doors and windows or replacing their roof. The improvements in turn will reduce your insurance premiums.
House Bill 1029 creates a similar pilot program for condo associations to apply for mitigation grants called the “My Safe Florida Condominium Pilot Program.”

Lynn Anderson said...

One more thing--They were all approved into law by Governor DeSantis. This is free enterprise we are dealing with along with devastating storms and hurricanes.