6 rate increases in 2.5 years and the average cost to Florida consumer’s is already averging 150% since then, but this rate hike which will  average 14.2% will cost most in Fort Lauderdale and all of S. Florida about 30% as we are always hit very hard. State Farm is my best friend at L & S as we are saving the clients thousands w/ other carriers, but the Insured’s w/ State Farm are paying through the roof and there is no end in sight. Even though State Farm will now offer the multi policy discount, most will pay so much more that there is no reason to stay w/ the carrier as the rates will be so high. They used to be the largest carrier in Florida, but they are now 3rd to Citizens and Universal P & C. PLease read the full article below from the Sun Sentinal, written by Julie Patel, and sent to us by our friends at First State Insurance. Please call L & S at 1-888-244-7400 for a quote on your Home Insurance, Auto, Flood, Business & Commercial and even Life Insurance quotes.

http://weblogs.sun-sentinel.com/business/realestate/housekeys/blog/2012/06/_14_percent_for_homeowners.html