If you own or rent in Florida you might as well start looking for other insurance/coverage. What does this have to do with WMD . . . well your firearms are or should be covered under your homeowners or renters policy. State Farm claims to have spent $1.21 for every $1.00 taken in. I just can't understand that and am calling BS until I see figures. I will allow that the housing boom of the past decade meant that houses and housing materials were sky high for too long. I will also concede that FL had huge losses in the 2004 hurricane season. BUT that was just one year! I and over a million Floridians have been paying +/-$1,500 per property per year for decades to State Farm. Even if State Farm took a horrendous hit in 2004 they had little activity in the years before and almost no activity since. Combine the above lack of weather events with falling home and home building/repair materials and State Farm should be doing just fine. I want to see real numbers showing loss(es) over the past 4 years. FWIW I've got a homeowners policy, a landlord/rental policy and 2 autos with State Farm if they cancel my property insurance they'll be loosing the auto policies too.