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Scars from Hurricane Andrew still haunt Florida’s property insurance market 20 years later

Tampa Bay Times
By Jeff Harrington
May 20, 2012

Sam Miller recalls those care-free days some 20 years ago when picking up homeowners insurance was an after-thought to buying a new house.

Coverage was readily available from private insurers. And cheap. The deductible for a storm? Maybe $100 to $500. The only folks who had to worry about going to a state-run “insurer of last resort” for windstorm coverage were those party people in the Keys.

Then Hurricane Andrew struck…

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http://www.tampabay.com/news/business/banking/article1230595.ece

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