Homeowners Insurance in LA

[hadabite]

It's hard to find it during hurricane season. Many of them stop writing until it's over

[fishinpox]

go with safeco for your homeowners and auto . they arnt big in la so they didnt get hammered with all the hurricane claims ect..

[Raymond]

Originally Posted by hadabite

It's hard to find it during hurricane season. Many of them stop writing until it's over

The only when a storm is in the gulf do they shut down. All other times they can bind coverage at will. Flood insurance has a 30 day wait if it is not purchased as part of a loan process.

[hadabite]

Originally Posted by Raymond

The only when a storm is in the gulf do they shut down. All other times they can bind coverage at will. Flood insurance has a 30 day wait if it is not purchased as part of a loan process.

I know State Farm wasn't writing last year at all during the season, May of changed now.

[Raymond]

Originally Posted by hadabite

I know State Farm wasn't writing last year at all during the season, May of changed now.

What you are talking about is the insurance companies ability to increase their exposure. Look at it like you would be giving someone a loan, if you had a finite amount of money and lent it all out there would be none if I wanted a loan. All are under surplus requirements issued by the state and reinsurance company rules. Insurance companies are no different than Bookies in Las Vegas, playing the odds they get to keep the money rather than pay it out in claims.