Buffalo-based Adirondack Insurance Exchange has announced plans to cease operations by January 1, 2025, due to financial difficulties. The company, which offers homeowners, auto, and other insurance products, is advising customers to secure new coverage options as soon as possible.
Policyholders with renewal dates between October 1 and December 31, 2024, will not have their policies renewed, while those with dates beyond December 31 will face mid-term cancellations.
AAA emphasizes the importance of shopping for new coverage immediately to avoid lapses. They advise consumers to compare quotes, ensure proper coverage levels, and take advantage of available discounts when selecting a new insurance provider.
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