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Insurance Rates Slashes Here In Florida....

By
Real Estate Agent with La Rosa Realty

Lawmakers approved the bill in the House and Senate by a combined 156-2 margin.  And lawmakers from both parties celebrated a dramatic reversal from last year's bill increase.

The voice of the people were finally heard.  This insurance rate slash came after many demonstration from policyholders as well as the determination of Gov. Crist.

Now homeowners can expect to save anywhere from 5% to as much as 40% on their policy.  This certainly is positive and refreshing news for many.

Eli Magen
New World Mortgages,(Mortgage Company) - Orlando, FL
Netta, This is great news indeed. thanks for posting it.
Jan 23, 2007 10:31 AM
Scott Batt, NMLS #254754
Flat Branch Home Loans, NMLS #224149 - Columbia, MO
Wow....this is great news. I cant tell you how many loans that I lost due to the last two years of HOI policys being so high.
Jan 23, 2007 11:07 AM
Alexander Harb
Knights Investing - Mesquite, TX
Dallas, Texas Real Estate Investing

WTG Netta...... I am glad you reported on this...I am sure when the time for me to do my blog on central Florida happenings happens...this will be on it....hehehehe

(pun intended)........=-D

Jan 23, 2007 02:57 PM
William Collins
ERA Queen City Realty - Scotch Plains, NJ
Property and Asset Management

Netta,

Thanks is good news. I just learned yesterday from friends of mine that they got a $12,000 annual insurance quote for their home in Port St. Lucie, I was astounded!

Jan 23, 2007 09:00 PM
Virginia Halter
RE/MAX Signature Properties - Harrisburg, NC
ABR, CDPE, CRS, GREEN, SFR, SRES

The folks living in FL needed some positive financial news!  I am glad to hear it.  

Second, I am so glad to have AR so I am made aware of information like this.  Information I can use in my business here in NC.   We have a good number of clients moving this way from FL.  It is nice to know what they have been dealing with and how things are changing there.

Jan 23, 2007 10:02 PM