{"id":58536,"date":"2023-08-08T17:31:02","date_gmt":"2023-08-08T21:31:02","guid":{"rendered":"https:\/\/thelehighacresgazette.com\/news\/?p=58536"},"modified":"2023-08-08T17:31:08","modified_gmt":"2023-08-08T21:31:08","slug":"did-you-know-175","status":"publish","type":"post","link":"https:\/\/thelehighacresgazette.com\/news\/2023\/08\/did-you-know-175\/","title":{"rendered":"Did you Know?"},"content":{"rendered":"\n

By Paul Waldmiller<\/p>\n\n\n\n

Did you know that approximately 100,000 current Citizens insurance policyholders could be switched to a new insurer with higher premiums?<\/p>\n\n\n

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Citizens insurance was created by the Florida legislature in 2002 as a non-profit government entity to insure homes that private companies would not insure. After many insurance companies began filing for bankruptcy or leaving Florida, the state began working to find a way for homeowners to insure their homes. Citizens was dubbed by legislators as the \u201cinsurer of last resort.\u201d<\/p>\n\n\n\n

 Now, state operated-Citizens is beginning to dump homeowners\u2019 policies to other insurance carriers including a company called, Slide. Allegedly, Slide was approved to take up to 100,000 policies from Citizens.<\/p>\n\n\n\n

According to Ron Assise, a Senior Vice President with an insurance brokerage service The Horton Group, \u201cIt\u2019s very easy for a current Citizens policyholder to gravitate towards it being a bad thing, and from and immediate standpoint, they very likely will be paying more.\u201d<\/p>\n\n\n\n

Earlier this year when Governor Ron DeSantis signed into law an updated bill regarding Citizens, policy holders are now required to get a quote from a private insurance company before they can even renew their policy. This made the process of having home insurance coverage in our state that much more difficult.<\/p>\n","protected":false},"excerpt":{"rendered":"

By Paul Waldmiller Did you know that approximately 100,000 current Citizens insurance policyholders could be switched to a new insurer with higher premiums? Citizens insurance was created by the Florida… <\/p>\n","protected":false},"author":8,"featured_media":58537,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[294],"_links":{"self":[{"href":"https:\/\/thelehighacresgazette.com\/news\/wp-json\/wp\/v2\/posts\/58536"}],"collection":[{"href":"https:\/\/thelehighacresgazette.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thelehighacresgazette.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thelehighacresgazette.com\/news\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/thelehighacresgazette.com\/news\/wp-json\/wp\/v2\/comments?post=58536"}],"version-history":[{"count":2,"href":"https:\/\/thelehighacresgazette.com\/news\/wp-json\/wp\/v2\/posts\/58536\/revisions"}],"predecessor-version":[{"id":58539,"href":"https:\/\/thelehighacresgazette.com\/news\/wp-json\/wp\/v2\/posts\/58536\/revisions\/58539"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thelehighacresgazette.com\/news\/wp-json\/wp\/v2\/media\/58537"}],"wp:attachment":[{"href":"https:\/\/thelehighacresgazette.com\/news\/wp-json\/wp\/v2\/media?parent=58536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thelehighacresgazette.com\/news\/wp-json\/wp\/v2\/categories?post=58536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thelehighacresgazette.com\/news\/wp-json\/wp\/v2\/tags?post=58536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}