Florida’s Citizens Pushes Policy Changes to Address Rising Water Loss Claims, bad for Fort Lauderdale and S. Florida with rising Prices on Home Insurance to come by next year!!
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In a nutshell, Citizens will reduce coverage for water loss claims among other things to curb claims! Private Insurer’s will raise rates next year significantly which will cause some to go back to Citizens when the rates go up! This will have a big counter affect for depopulation!!
Please call L & S Insurance at 1-888-244-7400 for free quotes on Home, Flood, Private Flood, Business & Commercial, & Life & Financial products as well. Please enjoy the full article below.
http://www.insurancejournal.com/news/southeast/2016/03/17/402197.htm
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