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Providing Cheap Home Insurance Is the Least of Firms Worries

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By : John Cutts    99 or more times read
Homeowners are finding it hard to find cheap home insurance nowadays. However, it seems that some people are not concerned over this development and are more focused on taking advantage of unsuspecting insurance providers and their clients. Florida state insurance firm Citizens Property Insurance has reported that some unauthorized parties have hijacked the company's address and redirected the payments sent by their customers.

According to the firm, payments and letters from almost one million policy holders sent during the last two weeks of June might not have been received by the company at its Jacksonville, Florida headquarters due to unauthorized access to the company's mailing address. Reports revealed that this might have been done by simply filing for an address change at the Postal Service.

With real estate foreclosures remaining to be a major problem for state homeowners, the problem of diverted insurance payments is expected to add to residents' housing worries. According to Citizens, they only found out about the problem in the last week of June after they received a note from the Postal Service asking them to confirm a change of address request.

Although cheap home insurance is hard to come by in Florida, Citizens has been able to help alleviate homeowners' insurance concerns by providing good service all throughout the years. The company, in an effort to arrest the problem of the diverted mails at the onset, has immediately informed its policy holders of the address problem.

Citizens has provided a toll free hotline to its customers so they can find out if their payments were received by the firm. Customers whose payments got diverted to the wrong address are requested to call their banks to confirm whether their checks have been cashed and should then contact the company to seek further instructions. The company has also stated that it would pay for the stop payment fee if there is a need for one, but policy holders should provide the necessary proof first.

Despite the fact that cheap home insurance is not very common nowadays, homeowners can still be thankful that most insurers, like Citizens, exert effort to address unexpected problems and take immediate steps to protect their clients.
John Cutts has been educated in the finer points of the foreclosure market over 5 years.

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