All bad news, but it could always be worse and with a new Governor and Insurance commissioner for sure. Rates will continue to rise as this one is also about 10% on a statewide average which is the most they can take by contract. This contractual increase could change next year w/ new people in Tallahassee and our Legislative body, but either way, rates are on the rise for the next 5 years or so. Please read the full article on the Citzens rate hike:
http://www.insurancejournal.com/news/southeast/2010/10/12/113962.htm
October 14, 2010 at 11:54 am
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