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Florida homeowners insurance fiasco
Old 08-19-2006, 07:53 AM   #1
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Join Date: Jan 2004
Posts: 713
It'll be interesting to watch how this all shakes out.

Joan Hernandez of Homestead was distressed when the bill from her home insurer, United Property & Casualty, hit her mailbox. The new premium was $11,529; last year's was $3,795.

I guess the coast will only be available to the super-rich - those that can afford the prices of the property, and then also afford the insurance on it.

http://www.miami.com/mld/miamiherald/15310454.htm

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