Florida Gov. Charlie Crist and Insurance Commissioner Kevin McCarty launched the updated www.ShopAndCompareRates.com Web site. The two offices activated the free, online tool in July 2007 to assist consumers looking to acquire or switch homeowners insurance coverage.
Among the improvements made to the Web site is the addition of average countywide premium examples for a $300,000 home. Previously, only countywide average premiums for a $150,000 home were on the Web site.
“It is important for homeowners to know they are not necessarily stuck with their current insurer,” said Crist. “Although the rates listed are only examples, the Web site is a great resource to help people shop around and compare rates.”
Additional changes include simplified explanations of terms and links to other Web sites that list the construction types and wind mitigation features, like shutters and reinforced garage doors, for which consumers can qualify for reduced insurance premiums.
“We have licensed over 25 new homeowners insurers since January 2006, and they are hungry for business,” McCarty said. “Every company’s average rate and contact information is listed on the Web site, and we encourage folks to shop around for a better price.
Source: Office of the Governor of Florida
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