Posted On: March 29, 2007, 5:06 pm CDT

Posted By: Florida retail agent

Mary your absolutely right. Citizens gets to assess everyone's policy for it's shortfall. That's why your company (State Farm) would drop you like a hot potato if the State would let them. They don't want to compete in this market either. It's a mess and expanding Citizens is NOT a solution, it's like treating the symptoms, not the cause of a sickness. Reducing Citizens to handle ONLY the wind portion of the property insurance coverage for everybody is an answer. Not unlike California's answer to earthquake coverage (it's purchased directly from the State there) it would initially be expensive, but the costs would lower over time (assuming that we don't have any Hurricanes for a few years) after the State claim fund is reestablished to pre-2004/2005 Hurricane loss levels.