Greetings Insurance Forums,
This is my first post on this forum (I hope I can get some valuable info and I apologize in advance if I'm breaking any forum rules). I am an independent agent that wants to specialize in coastal condo associations and HOAs (I am a licensed Community Association Manager in FL and worked in property management before insurance). To my knowledge there are only a handful of markets/carriers that will indemnify this type of risk. Some new mid-sized surplus lines carriers have entered the market and are trying to compete with the "too big to fail" companies.
I'll go ahead and get to the point. I was referred by a friendly agent that IPOA and their brokers have access to the most common COA/HOA markets and then some. Before applying for appointment with them, I want to gather input from other agents in Florida that quote COA/HOA property policies w/ wind through IPOA. Based on your own real world experiences, are they competitive in HIGH WIND & FLOOD RISK HIGH RISE COASTAL CONDOMINIUMS ? Your input will be much appreciated. Thank you in advance to the members that actually give me helpful info.
Best Regards,
WC
This is my first post on this forum (I hope I can get some valuable info and I apologize in advance if I'm breaking any forum rules). I am an independent agent that wants to specialize in coastal condo associations and HOAs (I am a licensed Community Association Manager in FL and worked in property management before insurance). To my knowledge there are only a handful of markets/carriers that will indemnify this type of risk. Some new mid-sized surplus lines carriers have entered the market and are trying to compete with the "too big to fail" companies.
I'll go ahead and get to the point. I was referred by a friendly agent that IPOA and their brokers have access to the most common COA/HOA markets and then some. Before applying for appointment with them, I want to gather input from other agents in Florida that quote COA/HOA property policies w/ wind through IPOA. Based on your own real world experiences, are they competitive in HIGH WIND & FLOOD RISK HIGH RISE COASTAL CONDOMINIUMS ? Your input will be much appreciated. Thank you in advance to the members that actually give me helpful info.
Best Regards,
WC