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New Florida Homeowners Flood Insurance Law put on hold

The Florida home flood insurance bill that I blogged about recently (Click here ) that was going to lead to drastically higher insurance rates for Hillsborough and Pinellas county residents looks to be put on hold with this latest press release.

The general opinion being that now is not the time to monkey with the system as the Florida market continues to improve.  Stability and expectation is very important to a steady and upward recovery.

 

http://www.wtsp.com/news/topstories/article/342385/250/Plan-would-delay-higher-flood-insurance-rates-for-4-years

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