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{"id":12832,"date":"2011-07-26T20:03:41","date_gmt":"2011-07-26T20:03:41","guid":{"rendered":"https:\/\/www.flanews.com\/?p=12832"},"modified":"2011-07-26T20:03:41","modified_gmt":"2011-07-26T20:03:41","slug":"citizens-proposed-2000-percent-sinkhole-spike","status":"publish","type":"post","link":"https:\/\/www.flanews.com\/2011\/07\/26\/citizens-proposed-2000-percent-sinkhole-spike\/","title":{"rendered":"Citizens Proposed 2000 Percent Sinkhole Spike"},"content":{"rendered":"

Some Citizens Property Insurance customers may soon be dealing with a two-thousand percent increase in their sinkhole coverage. To put that in perspective? if your sinkhole policy costs 150 dollars a year right now? a two-thousand percent increase? would raise it to 3-thouand dollars. And that doesn?t include the rest of your policy. As Whitney Ray tells us, industry experts say the increase is needed because Citizens rates were kept artificially low for the past five years. <\/p>\n\n\t\t