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About 3-4 years ago, basically every last insurance company offering homeowner's insurance on the Cape completely pulled out due to some report indicating that the Cape was overdue for a large hurricane.
That leaves the Commonwealth of Mass. to be the only insurer left who will cover homes on Cape Cod as the insurer of last resort - called MPIUA. Rates are a bit steeper, however, they are famous for NEGATIVE customer service, since its a privilege they even carry your policy.....
I found out the hard way a few years back that if you are even 1 day late with your premium payment, they will cancel the entire policy and your only recourse is to apply through your agent for a BRAND NEW policy.. WTF?!
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