Hi Folks! Just a note to let everyone who isn't aware know that, in addition to your already inflated homeowners premium, you will will be paying an additional 6.8 percent this year to cover the 516 million dollar shortfall for Citizen's Property Insurance Corporation. Citizens Property Insurance[a non-profit corporaton] has 740,000 policy holders in Fl., most living within a quarter mile of the coast. The 2002 law setting up Citizens Property insurance allows the power to raise rates not only on their policy-holders, but for all other Florida homeowners. Doubt this? Check your itemized bill this year. Tack this 6.8 percent raise on your current policy bill! Most insurance companies are raising rates fom 8.5 to 21 percent this year alone. You are truly your brother's keeper, comrade citizen.
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