Fight Big Insurance
The insurance crisis in Florida has reached critical levels, with many homeowners struggling to afford skyrocketing premiums. Between 2017 and 2021, Florida’s average annual home insurance premiums increased by nearly 50%, from $1,918 to $2,934, compared to the national average which increased by only about 11% during the same period.
Many insurers have either left the state or significantly reduced their coverage options. Ed Montanari believes that any legislative proposal must mandate real reductions in policyholder rates and ensure that insurers do not simply pass costs onto consumers while padding their profit margins.
As an outsider with new ideas, Ed will call for the creation of an Insurance Fraud Task Force to root out corruption and profiteering by insurance companies.