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PIANY survey results:
30 Long Island agencies weigh in

Oct. 19, 2004

Is meaningful property insurance available for homes in New York’s coastal areas?
Yes 7 (23%)
No 23 (77%)

Is meaningful property insurance available for businesses in coastal areas?
Yes 3 (10%)

No 26 (87%)
No answer 1

Since the recent hurricanes in Florida, has your agency noticed any changes in coastal property insurance availability or pricing?
Yes 13 (43%)
No 17 (57%)

Do you think homeowners whose policies have hurricane deductibles are completely informed/aware of their terms?
Yes 4 (13%)
No 26 (87%)

As of today, please grade your agency’s availability by checking a number from 1-5 for both commercial property (coastal) and coastal homeowners, where 1 is highly competitive, and 5 is impossible to place (except residual market)
Commercial property (coastal) 4.2
Coastal homeowners 4.4


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