Brooklyn Homeowners Can't Get Insurance
What's it like trying to get homeowner's insurance in Brooklyn? Check out this bit of frustrating insanity circulating in the South Slope Community Group email stream:
Allstate is canceling my home owners insurance next month because they say we live in a “flood zone” since we live less than a mile from the coast. I’ve been shopping for a new policy.Some of the trouble, of course, stems from Brooklyn's vulnerability if (when) a major hurricane hits New York City.
Here is the latest news:
I called GEICO since I have auto insurance with them and they recently asked me to switch to them for home owners. They recently “stopped all home owners insurance in the 718 area code”. I called the Liberty Mutual agent...Their agent says that Liberty Mutual has also started using the one mile limit. So we got rejected for the same “flood zone”... Tri State Insurance uses a 2,000 feet from the shoreline rule so we are in a “good location” BUT they will not insure any building built before 1900. The city lists our house as being built in 1899.
State Farm says our location is good BUT our house is partially wood and partially brick. They won’t insure wooden houses. I am arguing that since most of our building is brick it should be okay. They say that they might consider it.
Tower might consider us but they are twice as expensive as All State or State Farm...