My class to realtors covers this topic in great detail. My classes are scheduled regularly with all of the S. Florida Realty associations or I am happy to come to your office and do a class for you and your employee Realtors at a meeting or a  lunch and learn class. Please call me for a  class date at 954-351-2250 x-209 or e-mail me at  . Please call the office for quotes on Home, Auto, Flood, Business & Commercial & Life & Financial quotes as well.

Living in a (semi)-tropical paradise has a price – and apparently, not even going nine years without a major hurricane strike will change that.

While Florida’s property insurance market has stabilized somewhat since eight storms battered the state in 2004 and 2005, as storms such as Hurricane Wilma caused billions in damages, the state still has some of the nation’s highest homeowners insurance rates. A recent national report showed that Florida’s average homeowner premium of more than $2,000 a year is twice the national average.

But state officials say good news is on the horizon.

And Insurance Commissioner Kevin McCarty insists that lower rates are coming because one of the main expenses for insurers – reinsurance – has been dropping. Reinsurance is the millions an insurer spends with an out-of-state or foreign company to provide the company financial backing in case of major claims.