I voted for Charlie Crist reluctantly. He opponent was even more liberal that this so-called Republican. For some reason, he has the affections of the RNC (though perhaps this has changed with Michael Steele’s ascendency as GOP chairman today). But Florida has suffered under his leadership.
Take this case in point- like a good neighbor, State Farm was there. Now they are hoping to pull out of Florida’s property insurance market after their rate hike increase was declined. Gov. Crist’s response- “Good riddence.”
Gov. Crist must not have done his homework before making that ridiculous comment. He is not thinking of the citizens under his leadership. In a tough recession, it makes no sense to kiss good jobs good-bye due to spite.
In my county alone, 1,700 people (many of them my neighbors) work at the regional office down the street from my home. Many others are insurance agents. People I knew are already thinking of leaving State Farm completely since they can’t bundle insurance anymore. Agents will have to switch companies, if possible, or risk losing all their customers- and their jobs.
With job losses, their will be even more homes sitting on the market. This will hurt those trying to sell and relocate. Gov. Crist fails to see the ramifications of this decision. Rather than working with State Farm to find a reasonable compromise and keep important jobs in the state, he dismisses an important part of Florida’s economy.
What Gov. Crist fails to recognize is there is also a property insurance crisis (as well as a health insurance crisis) in our state. State Farm is not the first to find Florida a difficult place to insure homeowners. The hurricanes earlier in the decade crippled many insurance companies. The loser will be the homeowners who have often seen their rates double despite not making a claim. Others have been cancelled and had to spend far more to become insured. No big deal if you don’t have a mortgage. Just invest the money you would have spent on insurance. Oh, that isn’t working out well these days too. But if you have a mortgage you must have insurance.
Rather than address any of these problems- Gov. Crist resorts to quips and spite. Sadly, we have at least 2 more years of this ineptitude.