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Public Statements

Issue Position: Bring Down Property Insurance Rates

Issue Position

Location: Unknown

Recent hurricanes have driven up the cost of property insurance and driven out many private insurers, forcing the State of Florida to pick up the pieces and become an insurer itself. Clay Ford believes any responsible, permanent solution to this problem must expand the market -- and spread out the risk -- so private insurance companies are competing for Florida's business again, and Floridians are getting more choices at a lower cost. Instead of being in the business, the State should provide incentives and proper oversight to the insurance industry to protect against price gouging. Ford will work closely with Governor Crist to restore public confidence and resolve the problem.

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