If you own a home in Florida, you already know that homeowners’ insurance here can feel like a roller coaster ride during hurricane season. Between rising costs, disappearing carriers, and sudden non-renewal notices, it’s no wonder many Floridians feel like they’re constantly scrambling to stay insured.
At SIA Insurance Agency, we understand the frustration. You finally find a policy, breathe a sigh of relief, and then—just a year later—you get a letter saying your policy won’t be renewed. It’s “scramble time” all over again. Unfortunately, this has become a common story across the Sunshine State.
Why Is Florida’s Insurance Market So Volatile?
The main culprit: hurricanes and storm-related losses. Each season brings billions in claims, and insurance companies often reassess their exposure. Some carriers withdraw from high-risk areas entirely, while others stop renewing policies in certain zip codes or for older homes. Even well-maintained homes can be affected simply because of where they’re located.
What To Do If You’re Affected by a Non-Renewal
If you’ve received a non-renewal notice—don’t panic. Take these steps to protect your home and stay covered:
Contact the Insurance Company
Reach out directly to understand the reason for the non-renewal. Sometimes it’s due to underwriting changes, inspection results, or overall exposure limits in your area.
Document Everything
Keep copies of all correspondence—letters, emails, and any inspection reports. Take clear photos of your home, roof, and any repairs or improvements. These records can make it easier to obtain new coverage and show insurers that your home is well-maintained.
Shop for New Coverage Quickly
The Florida insurance market moves fast. Don’t wait until your policy expires—start shopping around 90 days before the expiration date. SIA Insurance can help you compare options from multiple carriers to secure a new policy before your coverage lapses.
Prepare for Higher Premiums
Unfortunately, premiums across Florida are climbing due to rebuilding costs, reinsurance rates, and overall storm risk. Expect that your next policy might cost more—especially if your home is older or located near the coast.
Update Your Mortgage Company
Once you secure a new policy, notify your mortgage company right away. They’ll need the updated insurance details to properly manage your escrow account and ensure payments are applied correctly.
We’re Here to Help
At SIA Insurance Agency, we work with multiple Florida carriers and specialize in helping homeowners navigate this challenging market. Whether you need help understanding a non-renewal notice, comparing replacement options, or preparing your home to meet underwriting standards, we’re here to guide you every step of the way.
Don’t wait until the next storm is brewing—reach out today and let’s make sure you’re protected year-round.
Contact Us: https://www.sia-ins.com/contact-us/
