429% on a State wide average, wow, what an increase. This will not affect us much  in Fort Lauderdale and all of S. Florida. But, if you live in the Tampa area or any other major  sinkhole area, this could raise rates for many  by 2000% and could cost  thousands/year. This will certainly make the decision to have or not have sinkhole coverage will be more Interesting.The next issue will be w/ the mortgage carriers and will they require it for a new mortgage.The Vote will come today, but this seems like it is already a done deal. Please read the full article beow by Julie Patel of the Sun Sentinal and please call L & S Insurance for all of your Fort Lauderdale Home, Auto, Flood, Business and Commercial and even Life Insurance;

http://weblogs.sun-sentinel.com/business/realestate/housekeys/blog/2011/07/citizens_to_raise_sinkhole_pre.html

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