Five Reasons Why You Should Replace Your State Farm Policy Now

While the idea of switching insurance carriers may seem daunting, Floridians have more options than they realize. Here are 5 reasons why you should replace your State Farm policy today!

1. Beat the Rush
State Farm plans to nonrenew an average of 29,000 policies per month in Florida over the next two years. If you wait for your nonrenewal letter to start shopping, you and 28,999 other people will be looking for a new policy at the exact same time. Insurance carriers typically limit how many homes they'll insure in one area and stop offering policies in certain zip codes when they reach capacity. Give yourself the advantage of shopping now and you'll have more to choose from.

2. Your State Farm premium may increase soon.
In December State Farm premiums for Florida policyholders are expected to increase by an average of 28% when they begin eliminating certain credits from their policies, like multi-policy discounts. Just last week we spoke to two clients who received their State Farm renewal policies and were shocked to see how much their premium went up. One increased by $400 and the other by $1500!

3. There is no penalty.
There is no penalty for canceling a homeowner insurance policy in Florida. When we write the replacement policy, we will send a cancellation form to your State Farm agent and a refund will be issued for any time that had been left on the policy.

4. You don't want a Citizens policy.
The only alternative a State Farm agent in Florida can offer you as a replacement for your State Farm homeowner policy is Citizens Property Insurance. Citizens has made it well known that they are underfunded and their policies don't provide you with same coverage as a policy through a private insurance carrier. You should not move your State Farm policy over to Citizens unless you truly have no other options.

5. We'll make it easy for you.
At Sun Insurance Services we sell policies for more than a dozen private carriers. We will quote your home with as many carriers as possible to make sure you are getting the most coverage for your premium.

In speaking with clients we know that many State Farm customers had both their auto & home insurance with State Farm. While most carriers in Florida don't write both auto & home (and can't offer the multi-policy discount) we are pleased to say that there is one option for combining policies and we are one of the few agencies that offer it. AAA Insurance recently began offering a product that combines your home and auto coverage in one policy! If you are interested in the AAA product, please feel free to call or e-mail us. You can also get instant auto quotes on our Web site if you're shopping around for comparison quotes.


--Sun Insurance Services, Inc. is a family-owned and operated insurance agency located in Orlando, Florida. We write with twenty of Florida's most prestigious insurance carriers and offer our clients a broad range of choice and customization for their insurance needs. Find us on the Web at www.suninsuranceservices.com.