• A 2.07 percent charge for one year to cover a portion of the 2007 deficit for Citizens' windstorm policies.
• A 1.4 percent emergency assessment charge to cover Citizens' remaining 2005 deficit; ends in 2017.
• A 1 percent surcharge to cover a 2005 deficit at the Florida Hurricane and Catastrophe Fund, which provides cheaper backup reinsurance for insurers operating in the state; ends in 2013.
• A 2 percent charge for the Florida Insurance Guaranty Association, which was pressed into covering claims left when the three Poe Financial insurance companies failed after the 2005 storms; in force for one year.
A $2500 policy would have a $167 in assessments!
via Miami Herald
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