Homeowner Market on Cape Cod

For the past few years, many homeowner insurance companies have removed themselves from the Cape Cod market. This has left LOCAL Cape based insurance agencies with a challenge… who can they use as an insurance company for Cape & Islands residents?

Once insurance companies have PULLED their business from the Cape, they have been hesitant to start writing insurance policies on Cape Cod. If they had insurance policies on Cape Cod, they were charging much higher premiums due to the high risk of wind damage (ie hurricanes).

We work with a few high quality insurance companies who will write homeowner policies on Cape Cod given certain criteria; two of those companies being Arbella Mutual Insurance and Safety Insurance.

Recently we were told New London County, based out of Connecticut, is accepting NEW BUSINESS on Cape Cod. They have also lowered their windstorm deductible FROM 3% to 2% on new and existing policies. New London County will have criteria to meet to write business, but this is great news for the residents of Barnstable County.

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