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Florida Cat Fund Sound Thanks to Reinsurance


Hurricane season starts on June 1, and thanks to sound decisions from our elected officials, your property insurance rates will remain steady.

For the past several years, lawmakers have made the prudent choice to make relatively low cost investments in reinsurance, which is basically insurance for your insurance. Those investments have been used to bolster the Florida Hurricane Catastrophe Fund, which helps aid the state when a hurricane makes landfall, like Hermine and Matthew did late last year.

When the Cat Fund is healthy it means less money comes out of your pocket when and if the big storm hits.

Don Brown, Stronger Safer Florida Coalition

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