Comments on: Florida’s Citizens Insurance Rate Increase Approved

By: shirley

shirley — Wed, 27 Jul 2011 21:50:50 +0000

Private property owners are being forced off of their property throught excessive regulation and not by insurance costs no one can afford in this economy!

By: Joe Goodof

Joe Goodof — Thu, 29 Jul 2010 23:12:39 +0000

Having paid in full the quoted price for a 12 month homeowner’s policy with Citizens,I have this day received the policy and an additonal bill for the approx 10% increase that has been mentioned in this article…..

By: David Huie Green

David Huie Green — Wed, 28 Jul 2010 19:20:33 +0000

If you build a flimsy structure on a sand bar on the edge of the Gulf of Mexico and pay for insurance to have it replaced after it is destroyed by one of our many hurricanes, you should expect to have to pay enough for the expense. Pay as you go makes sense.

Florida politicians got money from the building on the sand so they didn’t care about the expense. Our economy was built on building on shaky foundation in dangerous places. They offset the expense by raising the rates on those who did not choose to build foolishly close to disaster.

It is possible to build structures which can stand up to hurricanes; the insurance should be low on them. Builders want to spend as little as possible so they can pocket as much money as possible. As long as we bow to builders and suck up to those who can afford to live on the beaches at our expense, nothing will change but the replacements.

David for fair rates for dangerous practices

By: Stuart

Stuart — Tue, 27 Jul 2010 17:50:05 +0000

If you look at the numbers, this is the only possible option. They will probably go up again next year.

If you want to do the math, take the cost to REPLACE your home, divide it by 5 or 10 and that should be in the ball park of your premium.

By: Sean McCoy

Sean McCoy — Tue, 27 Jul 2010 11:31:16 +0000

I cannot believe our Government. There is no help !!!!! We are getting the shaft.