January 30, 2013
Insurance Company:
Coverage Type: Homeowners Insurance
- Underwriting - Premium Too High
Upon a renewal notice from OLYMPUS INSURANCE CO. OF COLUMBIA, SOUTH CAROLINA, Located at 7380 W. Sand Lake Rd. Orlando Fl.(of which there is no selection in the pull down menu above) I recieved a premium increase of 60% from the previous year in which I suspect is beyond the legal limits of the states (Florida)limitations.
I have had ZERO claims since living in Florida since 1994 and have been with this insurance co. since 2009.
I cannot believe that this is even possible for an insurance company in a regulated industry to be able to conciously do this, especially in Florida where we are paying rediculous premiums to begin with.
Per this renewal offer, I have nothig else to say about this Insurance Co. except that they are attempting to rip-off any Floridian that will pay thier price without question.
My only hope is that the regulators in this state will come to thier senses and crack down on these shady companies before its too late for the citizens of this state to get ANY decent coverage.
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