Comment Sparse in Florida on 80% State Farm Insurance Hike
Southeast News June 7, 2006
Lynn Martin took a day off work and drove all the way from Punta Gorda to Lake Buena Vista, Fla. to talk about homeowner's insurance.
In just under a decade, the 51-year-old has seen her State ...
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Subject: SPARSE
Posted On: June 9, 2006, 10:11 am CDT
Posted By: BETH
Comment:
the way I see it, we have 3 choices:
1. DEAL with the insurance company rate hikes - Did you know State Farm's reinsurance increased the premium to State Farm by 68%. The product costs the company more - as with any product, increase costs go to the consumer.
2. SELF INSURE
3. Let all the companies increasing their rates leave florida and let the state handle it all - This should be the choice of everyone who really want things messed up
Subject: SPARSE
1. DEAL with the insurance company rate hikes - Did you know State Farm's reinsurance increased the premium to State Farm by 68%. The product costs the company more - as with any product, increase costs go to the consumer.
2. SELF INSURE
3. Let all the companies increasing their rates leave florida and let the state handle it all - This should be the choice of everyone who really want things messed up