[browardchad]

Every homeowner is not responsible for a 2 percent hurricane deductible on their property. So if your property is destroyed by fire, you won't be charged the deductible, but if it is destroyed by a hurricane, you're responsible for 2% of the homes insured value.

I think you meant "every homeowner is now responsible..."

Yes, and some insurers (Allstate for one) pulled some fancy footwork after Andrew; dropping policies and setting up shell companies to pick up policies, at twice the rate. Look for home insurance rates to spike again, statewide -- even if you live in a concrete block home that meets the new building requirements and/or you are not in a vulnerable area.

[dawn53]

Yeah, good old typo. We are NOW responsible for the 2 percent deductible.

Maybe it was a Freudian typo...I just wish we were NOT responsible, LOL.

[dawn53]

And yes, you're right, I fully expect my insurance to go up again.

We do live in a masonry home, meet codes, etc., but we also live in Pinellas county.

However, I have friends in the neighborhood whose houses are frame and last year they were having their policies cancelled at an alarming rate. You really have to scramble to find somebody to insure a frame house (I think they had to use the state's insurance fund.)

Like you said, now it'll only get worse.