The 2007 Emergency Legislation Session Did Not Address the Emergency!
In Broward, cuts are small compared to rate hikes – Sun-Sentinel May 6, 2007
Kathy Bushouse provides an analysis of the initial impact of the 2007 Homeowners Insurance Emergency Legislation on Florida homeowner insurance rates in Broward County.
The results are not impressive.
Very few companies are coming close to the 24% statewide average rate cuts anticipated by state officials. And on the heels of the massive increases granted during 2006, the legislation has produced in the words of Bob Milligan – Florida’s insurance consumer advocate, “a decrease in the increase”
The Florida Homeowners Insurance crisis is far from over. In fact it’s just beginning………………………
You need to get involved with the Florida Homeowners Insurance Crisis and let your legislators know how you feel!
If you are disappointed in the results of the 2007 emergency legislative session and think that your homeowners insurance is still to high, get The Home Insurance Buyers Guide and give your overpriced company the boot!