I have a homeowners insurance quote but I can not buy it yet because the insurance company put a hold...?

Question

on all application because of Storm Fay passing thru Florida, well Ilive in South Florida and the storm is right now on the north of Florida, from your experience, how long it takes for them to release the hold. The insurance company name is CITIZENS.

Answer 1

Well, that hold will happen, until after Fay has passed through.  And then you'd better get the coverage really quickly, because it's standard practice, to suspend the binding authority as soon as a storm gets named, until well after the storm has passed.  Usually, it's between five and seven days from naming, until passing.

Answer 2

At the office I work at, we have nine home insurance companies and all of them are currently suspending binding new policies at this time.  But just wanted to let you know you should shop around before deciding to go with Citizens.  There are some companies still writing new business in South Florida and I am sure they could save you money.  If you would like a quote, please contact the agency I work for in Tampa at 813-655-0910.

Answer 3

Citizens will not start binding coverage until 48 hours after the storm warning and watch have been canceled, and will require inspection for damage before binding.

Answer 4

the will restrict binding until the storm warnings are taken down and possibly up to 48 hrs afterwords

Answer 5

I suggest you find a nearby auto insurance agent to assist you. Since I live in Vermont I can't recommend anyone in Florida, but here is an website that can help you. http://www.autoadviceonline.com/Auto-Ins...



Good Luck.