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Farmers knows a thing or two--so they're abandoning Florida (www.bizjournals.com)

submitted 1 year ago by torknorggren@sopuli.xyz to c/usa@midwest.social

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After just 5 years, Farmers will no longer write homeowners policies in FL.

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[–] tallwookie@lemmy.world 1 points 1 year ago

offering insurance in FL, and any of the gulf coast regions really, seems to be a losing game. that area is just one Cat 5 storm away from total devastation (and then bankruptcy of the insurance firm)