Re the Aug. 27 article New software to help Citizens shed policies: If I understand this process correctly, Citizens will pay $21.7 million for software that does what? Oh right, we weren’t given that information. However, the insurance agencies that Citizens met with apparently were.
Are these new insurers going to be backed by the state of Florida? Are they limited in how much they can raise their rates? You may save 15 percent this year, but what will they raise it to the following year? By then it could cost you more to get back into Citizens.
Beware — this sounds like another devious plan by legislators to get around the fact that they’re incapable of coming up with a real plan for Florida homeowners.
Patricia Rivas, Miami