Nationwide Insurance Hike

Nationwide Insurance Co has asked the state for a statewide premium increase of 71%.  A county by county breakdown of the proposed changes for Central Florida is below.  This is the second request for an increase since 2004 for the company, but part of a continuing pattern from all the insurance companies.

The Central Florida counties proposed breakdown:

Brevard County
All areas east of the West Bank of the Banana River: 25 percent
Remainder of county: 11 percent

Flagler County
All areas east of the West Bank of the Intracoastal Waterway: 27 percent
Remainder of county: 2 percent

Lake County
Zip Codes 34711 and 34756: 57 percent
Zip Codes 32159, 32162, 32726, 32735, 32736, 32757, 32778, 34731, 34748 and 34788: 58 percent
Remainder of county: 55 percent

Marion County
Entire county: 21 percent

Orange County
City of Orlando: 49 percent
Remainder of county: 6 percent

Osceola County
Zip Codes 34741, 34743, 34744, 34746, 34747, 34758, 34769, 34771 and 34772: 57 percent
Remainder of county: 50 percent

Polk County
Entire county: 29 percent

Seminole County
Entire county: 23 percent

Sumter County
Entire county: 55 percent

Volusia County
All areas east of the West Bank of the Intercoastal Waterway: 27 percent
Remainder of county: 4 percent

Posted on 19 July 2006

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