Dec 22, 2014
The recent changes to insurance rules sent the Florida real estate market into a tizzy. As soon as the Biggart-Waters laws were passed, there was a public outcry about the changes. Florida was hit harder than most states in terms of insurance rate increases and the law threw ice water on a market that was just starting to emerge from one of the worst downturns in history. But, seemingly, as soon as the law was passed, it went away...or did it? Chris Coleman of the Coleman Insurance Agency in Dunedin, Florida join us to discuss how the law will affect the market and what investors can expect for the future. This is a show you will not want to miss as making a mistake on calculating flood insurance for the future could prove to hazardous to your bottomline on your real estate investments.