2nd Light Forums |
Topic Title: 'Homeowners Choice Property & Casualty Insurance' (HCPCI) vs Citizens? Topic Summary: Does anyone have any info &/or feedback - or similar stories.. Created On: 11/11/2012 09:24 AM |
Linear : Threading : Single : Branch |
- surfsail | - 11/11/2012 09:24 AM |
- SunriseSurfer | - 11/11/2012 10:03 AM |
- surfsail | - 11/11/2012 11:23 AM |
- peterg | - 11/11/2012 04:13 PM |
- Ripper65 | - 11/12/2012 05:31 AM |
- phreshmango | - 11/12/2012 12:50 PM |
- tingo | - 11/13/2012 08:50 AM |
- surfsail | - 11/14/2012 03:23 PM |
- tingo | - 11/15/2012 07:48 AM |
- Surfgrl4ever | - 11/15/2012 01:50 PM |
- tingo | - 11/16/2012 07:29 AM |
- Surfgrl4ever | - 11/16/2012 03:16 PM |
- Ripper65 | - 11/16/2012 03:30 PM |
- tom | - 11/19/2012 07:34 AM |
- tingo | - 11/19/2012 07:39 AM |
- tingo | - 11/19/2012 07:44 AM |
- surfsail | - 11/19/2012 09:22 PM |
- tom | - 11/20/2012 06:00 AM |
- SatBchRealty | - 08/23/2013 08:48 AM |
- surfear | - 08/23/2013 10:04 AM |
- dingpatch | - 11/19/2012 07:43 AM |
Topic Tools
|
11/11/2012 09:24 AM
|
|
Got a notice from Citizens that I have the option to 'opt out' and go with a relatively new Insurance Company 'Homeowners Choice Property & Casualty Insurance' (HCPCI).. Does not sound like a bad deal on the surface but I have lots of nagging questions.. Every once in a while citizens gives a few of these new (non National) fledgling companies the opportunity to get some business, and gived them the sole right to solicit homeowners on their terms - In my opinion defintiely not theose favorable to the consumer and definitely slanted towards the 'company'. 1) I CAN NOT get comparitive Rate quotes for both BEFORE choosing.. If I leave Citizens I will never be able to get back in. Seesm unfair as a consumer that I have to jump without knowing the rates. 2) I do not see that this relatively new company has a reasonable track record of 'events' or payouts, neither the similar ones formed. I was under Citizens & had damage durng Francis/Jeannie. While the paybacks dragged out (4 different adjusters & 2+ years,), we did eventually get reimbursed reasonably compared to many. Many who not with Citizens, who also had way more damage, practically didn't get back shite.. As an engineer I worked with many owners rebuilding damaged homes - all insurers are definitely not created equal.. Are these new kids on the block adequately backed further up the chain (If they were insured w/ Lloyds of London I would get a 'warm fuzzy'), am I wasting my $ on premiums.. The head of Citizen's bailed recently & went over to head HCPCI up? What's up? Florida hasn't had a bad hurricane season in years so Citizens should be very solvent since they have been making $ hand over fist & should have boatloads of cash in it's coffers. Am I to give any creedence to 'rumors' that Citizens is planning massive rate hikes. Citiizens, like social Security, was not meant as a money making organization but what is this talk about closing them down about - whats going on with the $ in the coffers? A Rebate sound fair to me since we have been paying 'extra' since I bought theis house 12 years ago.. or put another way; who 'gets' vs 'deserves' this closeout 'bonus'? I will have to make a decision between the 2 within a month - but it does not sound like I have much of a rational 'choice' since there is no info offered.. Is this the way pro-consumer insurance regulator division of government is supposed to work? - Anyone on here ever switched from Citizens to one of the other 'companies'? - Any claims experience with them to date? - How much was your rate change/hikes after the switch as compared to Citizens prior to the switch? Thanks for your input/feedback.. ------------------------- There are NO white people at all in the Bible... take all the time you need with that... Please stop feeding the trolls - they will go away if you do... |
|
|
|
FORUMS
:
NPNR
:
'Homeowners Choice Property & Casualty Insurance' ...
|
Topic Tools
|
FuseTalk Basic Edition - © 1999-2024 FuseTalk Inc. All rights reserved.
First there was Air Jordan .