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Own a Florida condo? Security First Insurance is cutting rates across Tampa Bay

Security First Insurance says its condo rates are dropping an average of 7.3% statewide, potentially affecting about 21,000 policyholders. Security First Insurance is reducing its rates across Tampa Bay, Florida, by 7.3% for its condo HO-6 policies. The move comes as Florida's property insurance market continues to face challenges. The company is expanding discounts and coverage options, including a new home and auto bundling discount, discounts for military members and first responders, and a disappearing deductible. The rate decrease applies to both new and renewing policies. Security First President Melissa Burt DeVriese credits these changes to changes in the market and reforms passed in Tallahassee. For condo owners still seeing rising premiums, DeVrieses advises them to shop around for a lower premium due to more companies entering Florida's insurance market.

Own a Florida condo? Security First Insurance is cutting rates across Tampa Bay

게시됨 : 6시간 전 ~에 의해 Nadeen Yanes ~에 Business Finance

For Florida condo owners who have spent years watching insurance costs climb, one insurer is now moving rates in the other direction.

Security First Insurance announced a 7.3% statewide average rate ... [2261 symbols]

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