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Feature Article September 1, 2010

State Farm Florida Rate Increase And Non-renewal Of Homeowners Insurance In 2010

- September 1, 2010, 10:45 pm

State Farm Florida will be sending out the first non-renewal (cancelation) notices in February 2010. Those policies will non-renew starting in August 2010, six months later. There will be a State Farm Florida rate increase for those who aren't being canceled. Between the 2 rate increases, 28% in November 2009 due to the elimination of discounts and 14.8% in April 2010, those keeping their insurance with State Farm Florida will see a rate increase on average of 43%.

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