I was recently interviewed regarding a subject that has frustrated policyholders for almost ten years: Why are insurance rates so high in Florida despite the absence of hurricanes?
Every year, we have the same articles and the same lame excuses from the insurance industry about why rates are so high: Sinkholes, public adjusters, trial lawyers, fraud, etc. Florida policyholders aren’t stupid. Every year the excuse changes but the high rates continue. Check out this article and video to learn more: