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Posts tagged as: property insurance

Citizens Insurance May See 6.8% Rate Hike as Water-Damage Claims Spike

| August 18, 2016

In Flagler County, 2 percent of all insured properties were insured by Citizens, or $265.7 million worth of property. That’s less than the 5 percent of properties insured statewide by Citizens.

Hurricane-Free For 9th Consecutive Season, Florida’s Property Insurers Now Better Braced for Catastrophe

| December 1, 2014

A single Andrew-like Hurricane could wipe out in a day what Florida has taken almost a decade to recoup, but those nine years of calm have also placed the state in a stronger position to face an eventual and inevitable catastrophic storm.

That 1.3% Hurricane Charge on Your Property and Auto Insurance Is Ending 18 Months Early

| June 18, 2014

Collected to help pay claims from the 2004 and 2005 hurricane seasons, an extra charge on homeowners- and auto-insurance policies will be removed 18 months earlier than previously expected.

Deceptive Calm: Flagler and Florida Spared 3rd-Busiest Hurricane Season on Record

| December 1, 2010

The calm is deceptive: Florida has done nothing to reduce its colossal property-insurance exposure. To the contrary. Builders are increasingly encouraged to build anywhere to reverse the effects of the real estate crash.

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