Policy Renewals and Purchasing a Policy during COVID-19
While it appears the worst of the COVID-19 Pandemic is behind the Nation, the ramifications across the Home Owner’s Insurance market in Florida are still being felt and will very likely leave a lasting impact. The Underwriting divisions of each Carrier have largely reacted individually as the realities of operations throughout the last year with COVID-19 set in. Largely, home sales across Florida kept steady and the market remained strong, which normally would indicate a stronger market for Carriers, more homes being built and sold mean more Policies are being written and sold.