Citizens Insurance need’s to root out a lot of problem’s w/ Mitigation discounts. However, giving a 60 million dollar contract to a  private company that has never dealt w/ a project this size on Mitigation inspections is very questionable at best!!  Citizens plans to inspect 40% of it’s 1 million homes and no competitive bidding process has been scheduled, so this 1 company could be charging way to much or may not be able to handle the project. With this in question, how good of a job will be done to truly protect Homeowner’s and their Home Insurance policies w/ Citizens.Companies that have depopulated from Citizens have found up to 50% of the nearly 700 million in mitigation discounts were not truly valid so what will they find. Please read the full article below;

http://www.tampabay.com/opinion/editorials/a-bad-deal-from-citizens/1052429

Advertisements