The Home Insurance Guru

Citizens is very busy re-inspectiong thousands of homes just to take away discounts they once gave. This is being done because the questions are differant and can cause you to loose discounts. The weird thing is that  the Inspections will change in Feb 2012 again and most people could get back some of those discounts, but people will have to pay for that inspection when they are ready to try. In the meantime, the average increase we see here in Fort lauderdale and S. Florida is about $1000 and that does not include the 10% rate hike.  Citizens will continue this process as it will spend about 40 million doing the inspections, but they will make about 100 Million every year with the discounts being taken away. What a business, this is what I want when I grow up!!!  In any event, please read the article By Julie Patel of the Fort Laudedale Sun Sentinal and please call L & S Insurance for all of your Insurance needs like, Home, auto, Business and Commercial, Flood and even Life Insurance.

http://www.palmbeachpost.com/money/real-estate/citizens-property-insurance-revoking-5-million-worth-of-1111595.html?printArticle=y

FSU and it’s short term management study did a revview of  Citizens Insurance.This will be given to Lawmaker’s in Tall. as the new Legislative session begins and it says what we have known for a long time. Julie Patel of the Forrt Lauderdale Sun Sentinal follows this story and reports on it below. The findings are simple. Raise Rates substantially,provide less coverage, Raise  the rates on the Florida Cat Fund,forget affordability and make them fair, stop giving the house away w/ discounts and more. Please read the full article below and see what you think. Please call L & S Insurance for all of your quotes for Home, Auto, Business and Commercial, Flood and even Life Insurance.

http://weblogs.sun-sentinel.com/business/realestate/housekeys/blog/2011/12/fsu_report_citizens_insurance.html

Family and Friends,

Please support me as I participate in Dance Marathon 2012 at the University of Florida! Dance Marathon at UF is considered the most successful student-run philanthropy in the southeastern United States. During the event approximately 800 students will stay awake and on their feet for 26.2 hours to raise funds for Shands Hospital for Children, our local Children�s Miracle Network Hospital right here in Gainesville.

Over the past 17 years, Dance Marathon at UF has raised more than $4.5 million for pediatric research, leading-edge medical equipment, and diversionary activities for children who must endure long hospital stays. Your support means a great deal to these patients and they are at the heart of Dance Marathon. Please consider supporting me in this worthy cause by visiting my personal donation page.

Your dollars can truly make miracles happen for these children, please donate today! To learn more about Dance Marathon, please visit http://www.floridadm.org.

For All the Right Reasons,

Sydney Gorodetsky

http://floridadm.kintera.org/faf/home/default.asp?ievent=490909

No surprises here.Citizens does not want 1/2 of it’s population in Fort Lauderdale or anywhere in Florida, so they  will now try to get you to move your policy.This is what Governor Rick Scott wants and it is starting to happen. We have already discussed all the things they will do and try to do legislatively still later in 2012 and beyond. Coverage’s will be reduced or taken away and the prices will continue to increase. The surcharge(up to 45%) is still looming  and could be imposed at anytime. Now you will have to sign something that says you are aware of this. Please read the full article or see  some past posts with all of the details. Please call L & S Insurance for all of your Home, Auto, Flood, Business & Commercial and even Life Insurance quotes.

http://www.insurancejournal.com/news/southeast/2011/12/19/228071.htm

Here we are  still awaiting a  5 year bill and here we are still pasing extensions because this bill has been mixed into other bills w/ no referance and our Legislators in the Nations  Capital are too foolish to pass something as simple as this.  There are 4 scenarios for Friday afternoon. 1-Legislative reform(Not likely) 2- a short term bill till 9/30/ 2012(Possible)  3- another 6 weeks and then likely no real answer still(Most likely) and 4- the bill is turned down and no one can buy Flood Insurance(Through FEMA) or close on a new home(the idiots could do this, but still unlikely). For all of us in Fort Lauderdale and all of Florida, we hope for the best, but we will know by the weekend. Please enjoy the article from  the Independant Agent Magazine and please call L & S INsurance for all of your Auto, Home Flood(Maybe), Business & Commercial and even Life Insurance coverage’s.

http://www.iamagazine.com/NewsViews/2011/December_15/On-the-Hill.aspx

Julie Patel  of the Fort Lauderdale sun Sentinal writes this article and I am sure it will pass and then we will see who stillwants to be in Citizens in 2012 and beyond. Please read this and watch for the follow up tomorrow. Please remember to call L & S for all of your Home, Auto, Business & Commercial, Flood and even Life Insurance quotes.

http://weblogs.sun-sentinel.com/business/realestate/housekeys/blog/2011/12/citizens_insurance_to_vote_on_1.html

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

Lot’s of changes will be occuring, but the thought is that the affect may not be so great. There are lot’s of changes that can and should be made, but is requires the Legislators in Tallahassee to do it. This year will have Re districting as a big issue and then Home Insurance issues and PIP Fraud will be major Highlites. Personally, I do not see Legislators in Fort Lauderdale or any other area voting for the real change that is needed. This change would be significant premium  increases like 25-30% statewide averages! That could mean 50-60% here in Fort lauderdale and S. Florida. People do not get re-elected voting for things like this so then an assessment may become the only option before Hurricane season really starts June 1,2012. Please read the full article and be fully informed or call L & S Insurance for all your Insurance needs like Home Insurance, Auto, Business and Commercial, Flood and even Life Insurance as well. Please enjoy the article below;

http://www.insurancejournal.com/news/southeast/2011/12/06/226442.htm

Please read the article by the Gainesville Sun and How Citizens could affect all of us and what needs to happen.

Please call L & S Insurance for all of your Insurance needs in Fort lauderdale and all of Florida for Home, Auto,business & Commercial,Flood, and even Life Insurance as well.

http://www.gainesville.com/article/20111207/OPINION01/111209748

Julie Patel of the Fort Lauderdale Sun Sentinal gives a great list of all the changes to come. Increased premiums, loss of coverages, fees and surcharges and of course the customer Service is bad on a good day. Every change that can be done to make Citizens the worst policy you can purchase is what our Governor Rick Scott wants and it is already in motion. The goal is to cut Citizens Policy holders from 1.5 million to 1/2 of that amount. Why would you want to be with this company, so please read this carefully and call L & S to get your quotes for Home Insurance, Auto, flood, business and commercial, and Life Insurance as well. Please read the full article and see how all of us in Fort Lauderdale and all over Florida will be affected including sinkhole issues:

http://weblogs.sun-sentinel.com/business/realestate/housekeys/blog/2011/11/citizens_insurance_prepares_to.html