As Citizens Insurance tries to shed 100,000 policies, a local resident says he received a quote for a 430 percent rate increase, which would have gone into effect if he failed to opt out.
Agree but the particular rates Slide is trying to change individuals are not reasonable. In the attached article they want the homeowner to pay 13,000 a year for probably $300k of coverage. It may be that the average rate is somehow ok but there is no way the $13k makes sense.
Agree but the particular rates Slide is trying to change individuals are not reasonable. In the attached article they want the homeowner to pay 13,000 a year for probably $300k of coverage. It may be that the average rate is somehow ok but there is no way the $13k makes sense.