Talk of The Villages Florida - View Single Post - homeowners insurance
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Old 11-07-2011, 04:10 PM
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Quote:
Originally Posted by rubicon View Post
You can thank governor Scott for this because he gave insurers the opportunity to raise their rates and/or cut coverages from their policies. And it isn't over yet. Premuim increases will continue and /or coverages will be cut
We've lived in coastal Florida from 1994 to 2006. Insurance rates started doubling every couple of years because of hurricane claims beginning in the late 1990s. Most insurance companies stopped writing new policies in Florida around that time. One of the pleasant surprises that helped sell us on TV was the low cost of insurance due to the low risk of hurricane damage.
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