More bad news for Citizens homeowners insurance holders.....
http://www.miami.com/mld/miamiherald/16033075.htm
"If you have windstorm insurance from Citizens, look out -- yet another rate increase is coming your way.
Rates will jump 55.8 percent early next year for the nearly 247,000 homeowners in South Florida who buy windstorm coverage from Citizens Property Insurance, the state-run insurer of last resort. That's on top of another increase already approved to take effect Jan. 1.
The total hit for many homeowners: rate increases of more than 100 percent. And that's just for next year."
By the way, you can insert the title of this thread into google, then click on the news result that pops up. This will allow you to see the article without registering through Miami Heralds website...
http://www.miami.com/mld/miamiherald/16033075.htm
"If you have windstorm insurance from Citizens, look out -- yet another rate increase is coming your way.
Rates will jump 55.8 percent early next year for the nearly 247,000 homeowners in South Florida who buy windstorm coverage from Citizens Property Insurance, the state-run insurer of last resort. That's on top of another increase already approved to take effect Jan. 1.
The total hit for many homeowners: rate increases of more than 100 percent. And that's just for next year."
By the way, you can insert the title of this thread into google, then click on the news result that pops up. This will allow you to see the article without registering through Miami Heralds website...
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