June 30, 2022

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Insurance coverage corporate is going into chapter 11 after guy can pay

State of Florida chargeable for issuing refund

TAMPA, Fla. (WFLA) – What occurs for those who pay your home-owner’s insurance coverage top rate after which the corporate closes?

When Gulfstream Belongings and Casualty close its doorways closing summer season, a Largo guy was once instructed the state of Florida would refund his cash. Just about 8 months later, he hasn’t noticed a dime.

He became to Higher Name Behnken for assist.

Irv Miller stated he was once compelled to pay extra for a coverage with every other corporate however was once confident he would obtain a reimbursement from Gulfstream. He had simply paid his top rate.

“The 30 days got here and went,” he stated.

Then he realized the corporate’s belongings have been became over to the state of Florida. But if he known as for more info, he’d pay attention a recording with the similar tale he heard in August – wait 30 to 60 days.

“No person’s speaking anything else and you’ll’t communicate to any one,” he stated.

Inside of hours of a decision from Higher Name Behnken, Irv won a decision again from the state. It appears, he was once instructed, the state did ship his test within the mail but it surely was once returned on account of a mistake within the cope with.

A state spokesman stated a brand new test would cross out right away.

The spokesman stated he believes that is an remoted case led to through a mistake. Nevertheless it’s a reminder that in case your insurance coverage corporate closes, you may additionally be owed a reimbursement of unused premiums so test your coverage and test together with your insurance coverage agent.

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