Julie Patel writes well on this issue w/ Insurance companies raising rates while the overhead is also rising.Where is the overhead expense coming from? I believe the cost of doing business and this whole mitigation inspection issue is to blame.Even if you have discounted rates, re-inspecting every home is expensive and some rates go up, but other’s come down as well and/or they loose the renewal because of the rates.I wonder If Governor Christ, the Lawmakers in Tall. and the insurance commissioner expected 3 years ago when our Governor promised to lower Insurance rates to Floridians.It does seem according to Julie’s article, that Sunshine State may have some financial issues and wants to drop a lot of policyholder’s as well.Please read julie’s article on the subject and please contact our office for the best home Insurance quotes available and auto as well.
October 1, 2010
Sunshine State Insurance 25% rate hike proposed! (overhead issues??)
Posted by homeinsuranceguru under Governor Christ, Home Owners Insurance, Insurance commissioner, Julie Patel, Legislators, Sunshine State Insurance | Tags: Florida, Home, Homeowners, Insurance, policy |1 Comment
October 17, 2010 at 7:40 am
Salut! Can I quote piece of the information from your blog if I provide a linkback to your website?