Talk of The Villages Florida - View Single Post - How can we solve the insurance problem in Florida?
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Old 09-11-2023, 07:21 AM
JRcorvette JRcorvette is offline
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Quote:
Originally Posted by Rainger99 View Post
Most people agree that there is a problem. What do I tell my representatives is the solution?

Limit premium increases to the rate of inflation?
Ban private insurance and have the state run the insurance program?
Require arbitration or mediation?
Your first two suggestions would be very bad.
1. If a Carrier can’t make a profit they simply will not sell insurance in the State making it even harder on us.
2. You do not want a Government (State) run insurance program. We already have Citizens Insurance and the claims process is not very popular with them. Government programs are very inefficient.
3. Mediation would help some but I still say the policy coverages need to be changed in some ways.