FL Agents: FL CRP Rate Change

7.24.20

Florida Commercial Residential Program
Rate Change


Territory: Florida
New Business Effective Date: August 24, 2020
Renewal Business Effective Date: September 13, 2020

Due to an increase in reinsurance cost, Bankers has implemented a rate change for the Commercial Residential Program in Florida. 
 

Rate Revision Highlights:

  • Overall rate impact of 9%
    • The most significant impact was seen in policies with Wind coverage, while Ex-Wind policies were relatively unaffected.

Questions? Reach out to your Territory Sales Manager or the contact information listed below.

Your Bankers Sales Team
BankersMarketing@bankersinsurance.com
800.627.0000 x4900