The ballot paper in Florida aims to reduce insurance premiums

Florida voters may have the option of taking on the authority, reducing the insurance premiums. A “yes” vote on a newly proposed amendment to the state constitution would also protect consumers from being canceled their guidelines.

Since hurricane Irma in 2017, homeowners in Florida have been on a scary roller coaster ride that shouted high insurance premiums and drop guidelines.

According to Insurify.com, the average annual price for the full coverage of a 300,000 US dollar house is $ 2,584. In Florida there are 10,675 US dollars – the highest in the USA and the tariffs are expected to increase by six percent this year and six percent in Florida.

It is not just the insurance of homeowners that people complain about. Car insurance tariffs have also increased and people are looking for relief.

Especially after the hurricane Ian, the claims for flooded vehicles increased.

According to Insurify.com, the national average was $ 2,313 per year for full car insurance protection last year. In Florida – 3,166 US dollars – this year in the United States in the United States, it is expected to increase by five percent at the national level and 10 percent in the Sunshine State.

“So it actually covers all insurance policies throughout Florida,” said Chris Wills, chairman of the constitutional network in Florida.

It proposes to change the ballot papers of the next year, with which the voters can decide how the tariffs can lower any kind of insurance. Despite new laws in recent years, consumers do not see that consumers do not see the results for the reporting of homeowners. He said to WESH 2 News: “So it is time that we take the citizens into our own hands and present a measure that actually begins to lower the insurance rates for Floridians in every corner of our state.”

In the change in the “annual insurance policy rate reduced”, “companies will not terminate the insurance policy” and “offer the policyholder an extension” and a reduction of “at least four percent per year”, as long as there are no claims within the “365 days”.

Some policyholders are all for it.

Luis Echavarria said: “That sounds great. I would vote for it – yes. “

Sangy Sang added: “I have trouble reaching a lot of expenses and there is not much savings. So would you vote for this amendment? Yes.”

The first major hurdle is to collect almost a million signatures for petitions to convey the insurance measure for the ballot paper of the next year.