HOA Insurance - Florida

We are in the process of looking for a new insurance carrier. We have been with our present Company for six years and feel it is time we not only check our coverages, but also our prices. If you can supply a name and address or maybe an e-mail address, I will send the particulars to them. This coverage would be for a clubhouse, pool, DRAs, and D and O. Any help is appreciated.

Judy,

What side of the State are you located. There are a few very good agencys that can find a great policy for you. Many are just in Florida and are better coverage than the giants that start or end with "State"

Judy,

John from Florida said State Farm might be good and reasonable. Two days ago there was an article in the paper saying that State Farm was increasing it's rates by 47%.

Ellen,

John from Pennsylvania said we get a comprehensive policy at a good price from SF. I can't speak as to other states. But in any event, shopping for quotes can't hurt.

Ellen,

From what I've read, a lot of the p/c carriers, from the Texas Gulf, over to the Atlantic and up to the Jersey Shore, are trying to eliminate risks, mostly homes, due to possible hurricane casualties, and to a lesser extent, wild fire losses. Or, as you noted, severly bumping up their premiums. But I don't know how that strategy impacts HOA comprehensive policies which, unless, say, condos or town homes are included, essentially cover liabilities not related to wind, water or fire damage. Quotes from, say, 5 carriers would probably give an accurate picture of what the market currently bears, wouldn't you agree?

Though at whatever price, an HOA policy is a must. While we're probably over-insured (up to $5M per loss), we pay $800/year for soup to nuts, which in my mind is worth every penny.