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- Oct 24, 2003
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The main thing most P&C companies want to know about Florida is ... How soon do we either get a rate increase or get the heck out of here?!LOL, they aren't - not here anyway.
In my neck of the woods (Florida), all they want to know about property insurance is the limit, distance to gulf, when the building was built, ISO construction and roofing, plumbing or electrical updates.
There may be a theft load built into business personal property rates at the actuarial level, but any significant difference as a geographic application is minimal.
To answer your questions, yes I know a little about insurance.