Quote:
Originally Posted by justjim
I understand Florida's insurance Citizens Property rates have been kept low but given a direct hurricane hit on the Florida coast it will be a disaster for Florida. My question is why should those in Central Florida pay increased rates for those "high roller" property owners on the Coast? Coastal owners should pay for their own risks of living in a high insurance risk area.
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Were you living here in 2004 when four hurricanes hit The Villages? Or 2007 when the tornado hit? Tampa hasn't had a direct hit from a hurricane for 91 years, so who would decide where the high insurance risk area is?