Talk of The Villages Florida - View Single Post - Home Owners Insurance Rates
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Old 06-21-2011, 12:59 PM
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Quote:
Originally Posted by Chi-Town View Post
jebartle, what is Wind inspection? I talked to the Villages Insurance today, and they told me that the state insurance commissioner gave the OK to the insurance companies to raise their rates. Evidently there was a ceiling in place that the companies said was unfair and they needed to catch up. Beware of new yearly bills is all I can say.
My agent told me that Florida insurers are either raising rates, reducing coverages, or both, or canceling policies. she claims that people will be getting hefty increases at their renewals. One of the reduction of coverages is with sinkholes