Friday, June 30, 2006
A lot has been in the news lately regarding the homeowner insurance crisis Floridians are finding themselves facing. With companies like Poe going under, and Citizens becoming the number one insurance carrier in the state, there is certainly reason for concern. We recently purchased a brand new home for investment purposes and found that Citizens was the only insurance available for the simple reason that it was not an owner occupied home. Specualtion is that insurance rates will go up as much as 100% in the near future. If you have a homeowner insurance problem, please share.