Customer Comments
Tony Prete - Owner
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About The Owner
I've spent 25 years in senior level executive position with some of the largest national insurance companies. During that time I had the pleasure to work with just about every state in the U.S., but found Florida to be the most interesting. I made Florida my home in 2007 and when I retired from corporate life in 2019 I decided to open my own independent agency in Coral Springs. For the past 3 years I have been using my knowledge and experience to help folks obtain property insurance in the most difficult insurance marketplace I've experienced. Let me try help you. There is no obligation, so it costs you nothing to get a quote. Take 5 minutes of your time and let's see if I can help you lower your insurance cost.
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Who Do We Use?
Not all Florida insurance companies are the same. There are two things you need to pay attention to:
Admitted insurance companies are licensed by the Florida Department of Insurance Regulation. This means the company has to have it's policies and rates reviewed and approved by the state. Additionally, it means the state stands behind the insurance company should it fail.
Non-Admitted insurance companies have not been licensed by the Florida Department of Insurance Regulation, but have been approved to operate in the state. They are not required to submit their policies or rates for approval, so they can change their policy at any time and increase premiums whenever they want and by however much they want. The state does not stand behind them should they fail. Unless there is no other options available, we offer admitted insurance companies. If a non-admitted insurance company is the only option we informed our clients so they can decide how they want to move forward.
A financial stability rating is assigned to an insurance company by a third-party rating agency. This rating provides consumers with an idea of an insurance companies ability to pay claims or operate their companies. We only do business with insurance companies that have a financial stability rating accepted by Fannie Mae and Freddie Mac which are the two largest mortgage backers in the United States.
- Is the insurance company admitted or non-admitted?
- What is the insurance company financial stability rating?
Admitted insurance companies are licensed by the Florida Department of Insurance Regulation. This means the company has to have it's policies and rates reviewed and approved by the state. Additionally, it means the state stands behind the insurance company should it fail.
Non-Admitted insurance companies have not been licensed by the Florida Department of Insurance Regulation, but have been approved to operate in the state. They are not required to submit their policies or rates for approval, so they can change their policy at any time and increase premiums whenever they want and by however much they want. The state does not stand behind them should they fail. Unless there is no other options available, we offer admitted insurance companies. If a non-admitted insurance company is the only option we informed our clients so they can decide how they want to move forward.
A financial stability rating is assigned to an insurance company by a third-party rating agency. This rating provides consumers with an idea of an insurance companies ability to pay claims or operate their companies. We only do business with insurance companies that have a financial stability rating accepted by Fannie Mae and Freddie Mac which are the two largest mortgage backers in the United States.