Mark on Insurance Rate Reform

"The burden of paying catastrophic claims has fallen unfairly on all Floridians who will be charged for claims that are paid. We need to attract a wider risk pool and establish caps for home values in coastal areas. A Floridian living in a modest home should not be paying to replace a millionaire’s estate. Basic insurance that covers the ability of a person to repair their house is reasonable and only when we broaden our risk pool out of the state will we once again have a competitive rate structure."