AAA said it is dropping insurance coverage for some in Florida due to rising costs from hurricane activity.
Another insurance company is now cutting its losses in Florida, dropping some of its property insurance customers. AAA said some policyholders are about to receive non-renewal notices, but the company did not say how many people will be impacted.
"It was a huge jump," said homeowner Ross Carter when asked about the rise in property insurance."I mean, it was surprising to me. It was a shock. Really, it was." AAA has announced it is not renewing a very small percentage of higher exposure homeowner's policies. The announcement comes days after Farmers Insurance announced it would be canceling policies in Florida, impacting about 100,000 policyholders."It's just going to make the market more of a monopoly than the ability to have a lot of different choices, so the less choices we have, you know, there's not much we can do," Carter said.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Florida driver dies after crashing into mailbox in Seminole County: policeAn unidentified 34-year-old driver in Florida died after crashing into a mailbox in Casselberry, Seminole County. Authorities are investigating why the crash occurred.
Read more »
Turmoil in Florida’s New State Guard, as Some Recruits QuitEarly last summer, complaining that Washington had failed to provide adequate staffing for Florida’s National Guard, Gov. Ron DeSantis announced that for the first time in 75 years he was activating the State Guard, a force of volunteers that could respond to hurricanes and other public emergencies. But the deployment this spring has been mired in internal turmoil, with some recruits complaining that what was supposed to be a civilian disaster response organization had become heavily militarized
Read more »
Florida in hot water as ocean temperatures rise along with the humidityORLANDO, Fla. (AP) — Record global ocean heating has invaded Florida with a vengeance.
Read more »
Florida volunteer Santa downloaded hundreds of child porn files, police sayJames Silverstone, 62, was charged with 10 counts of transmitting child pornography on Thursday. Silverstone was a volunteer Santa and ex-official in Lauderdale-by-the-Sea, Florida.
Read more »
Fuzzy invasion of domestic rabbits has a Florida suburb hopping into a hunt for new ownersA Florida neighborhood is having to deal with a growing group of domestic rabbits on its streets after a breeder illegally let hers loose
Read more »
Fuzzy invasion of domestic rabbits has a Florida suburb hopping into a hunt for new ownersA Florida neighborhood is having to deal with a growing group of domestic rabbits on its streets after a breeder illegally let hers loose.
Read more »