Mike should stop scaring State Farm clients. They don't need to go looking for other coverage at this time. The withdrawal plan hasn't even been approved yet. And even if it could be approved tomorrow, the non-withdrawals won't start for 180 days after that date. ATthe minimum today, non-renewals couldn't even begin for 9 months...remembera policy can't be cancelled during hurricane season. By the time this whole thing works out we will have a new Govenor, and new CFO and maybe that Governor won't worship at the fountain of Kevin McCarty. Just sit tight State Farm clients. Much can happen between then and now. You have trusted your State Farm agent before,so, keep on trusting them. if you really want to see something check out The Opinion page of the Tallahassee Democrat on June 25. That should give you , as Governor Crist says, pause.
State Farm insurance says it continues to plan for its withdrawal from Florida after the veto of legislation that may have kept the company here. Regulators have yet to approve the conditions of how the company start dropping homeowners policies, and as Mike Vasilinda tells us, the fight is over how many of those policies will end in the state’s insurer of last resort.
State Farm insurance says it continues to plan for its withdrawal from Florida after the veto of legislation that may have kept the company here. Regulators have yet to approve the conditions of ho...