Senator garrett Richter


Senator Garrett Richter(R) and Senator Mike  Fasano(R) in Tallahassee want to depopulate Citizens Home Insurance  no matter who will suffer. I am personally not opposed to this bill, but people who get taken out will not have the same protection as they would in Citzens. If they would simply vote as they should to raise Citizens rates to what they should be, this would not be necessary. With propor rates, many would leave Citizens   to get better rates w/ Private insurer’s  who are quite often higher than Citizens, especially in Fort Lauderdale. Voting to raise rates is not politicalkly correct to get re-elected so this is a  way out till more problems occur. Please  read the article by” The Current” political paper and please remember to call  L & S Insurance for all of your Insurance quotes for Home, Auto, Flood, Business and Commercial, and  even Life Insurance.

http://www.thefloridacurrent.com/article.cfm?id=26128349#.TxHqqKHwV90.mailto

GeoVera is the company that wants 50K policies and it looks like if they meet certain guidelines by the State of Florida this will happen. 50K is not enough, but that will open the door for mare carriers to do the same. The protection does not come from the State of Florida and people will not have a choice to go back to Citizens either.The prices may even be higher, but Citizens does not seem to care so this could happen soon. This would be another Non legislative way for Citizens to get rid of clients as fast as they can. Legislators will never vote to do what  is needed because they want to get re-elected and they  are very shortsighted, but I am with the Governor on this one. Anything to make Citizens a non competitive company w/ prices and coverage’s that are not something anyone would want unless they truly have no options. Please enjoy the entire article and please call L & S Insurance for all of your Home, Auto, Flood, Business & Commercial and even LIfe Insurance policies for Fort Lauderdal and all of Florida.

http://www.insurancejournal.com/news/southeast/2011/12/09/226836.htm

Senator Garrett Richter is leading the Republican charged  to get the Senate bill 2044 put through since last year it was debated, discussed and passed but veteod by then Governor Christ. GOP Governor Rick Scott is ready, willing and able to sign off on it, but awaits it’s passage.The theory is that the most expensive policy is one where the company is not solvent enough to pay the bills like Citizens and many carriers as well.Last year the OIR tried to get Insurance commissioner  Kevin McCarty on board as well as the issues of Sinkhole were already big . Now it seems the debate is worse because of all the Sinkhole claims and the Fraudulent claims by some Public Adjustors does not make this any easier.Most in Tall. feel that this should not have been vetoed last year and with a pending Hurricane season coming soon, there is a sense of urgency to make some major changes and quickly. This does mean higher prices for a  while at least so please call L & S Insurance to get the best quotes that are available. Please read the full article from the Tampa Bay on line commentary;

http://www2.tbo.com/content/2011/mar/02/MEOPINO1-pulling-property-insurance-out-of-the-hol/news-opinion-commentary/

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