What we’re up to in the Florida Keys

2022 Florida Legislative Update

Florida State Capitol

The Florida Legislature convened two weeks ago, and FIRM is tracking bills that relate to property insurance coverage and claims and mitigation that affect Monroe County residents. SB1728 and HB1307 – FIRM is watching these two property insurance bills for a number of concerning proposals: The calculation of replacement value by Citizens is causing some…

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FEMA responds to FIRM’s concerns about Risk Rating 2.0

Graphic with houses and an upwards arrow

In October 2021, FIRM sent a letter to NFIP Senior Executive David Maurstad expressing concerns about FEMA’s Risk Rating 2.0 methodology.  You can read FIRM’s letter here which includes the comparative analysis for properties in Monroe County. FEMA’s response four months later is rather generic.  FEMA falls back on the 18% cap on rate increases,…

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Monroe County Community Meeting Review of Updates to Flood Plain Management Regulations

Seal Monroe County

On Thursday January 20, 2022 at 3 pm Monroe County will hold its 2nd community meeting to review updates to the County’s Floodplain Management regulations are related provisions. Zoom connection info and draft proposals are available in the following hyperlink:  The drafting of these updates has been a coordinated inter-departmental effort (Building, Planning, Floodplain, Environmental,…

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Citizens Board of Governors approves 2022 rate recommendations.

Citizens Logo

Citizens Property Insurance Corporation’s Board of Governors recommended an across-the-board rate increase of up to 12% for 2022 after members expressed concern over Citizens’ continued growth and inability to slow it down. Board members modified a staff recommendation, changing it to statewide increase of 11% for policies renewing from August 1, 2022, to December 31,…

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Citizens premium payment assistance may be available from Florida DEO


Last week Citizens sent emails to its customers who have a special payment arrangement with Citizens due to COVID-19. The email notified policyholders about Homeowner Assistance Fund pilot program sponsored by the Florida Department of Economic Opportunity (DEO) for the following policy types: Citizens Homeowners 3 – Special Form (CIT HO-3) Citizens Homeowners 8 –…

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Sexton Family Foundation Trust Supports FIRM

The Sexton Family Foundation recently made a generous contribution to FIRMKeys to support FIRM’s efforts to empower Monroe County residents to make informed decisions about property insurance coverage. The Sexton Family Foundation’s philanthropy in the Keys has contributed to many organizations that provide human services, help for families and children, affordable housing, the environment, arts…

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FIRM works for all residents of Monroe County

5 ways to give on Giving Tuesday

Whether you are a property owner or a renter, the rising cost of property insurance affects your housing costs. FIRM’s mission is to help to control those costs by advocating for resilient practices and making sure that our residents get the credit they deserve for hardening their properties. In 2021 FIRM worked with the County…

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NFIP Reauthorization legislation introduced

United States Capitol

Bipartisan legislation was introduced November 2, 2021 in the United States Senate to reauthorize the National Flood Insurance Program. The National Flood Insurance Reauthorization and Reform Act was introduced by Senators Bill Cassidy (R-LA) and Bob Menendez (D-NJ). The bill contains several provisions that have been advocated for by FIRM, including: Five-year authorization of the…

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FIRM needs your help

Graphic with houses and an upwards arrow

FIRM estimates homeowners throughout Monroe County could see flood insurance rate increases ranging from $100 to $9,000 annually—with an average increase of $3,200–under FEMA’s Risk Rating 2.0.  Without federal intervention, next April all policies will be governed by this new rating program. FIRM’s rate analysis is thousands of dollars higher than FEMA’s projected increases and…

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Upper Keys Realtors support FIRM

Mel Montagne & Michael Kanik Check presentation

The Florida Keys Board of Realtors based in Key Largo donated $5,000 to Fair Insurance Rates in Monroe.  The check was presented to FIRM President Mel Montagne by Past President Michael Kanik at FKBOR’s monthly membership meeting. At the same meeting Claire Johnson of Coastal Realty of the Florida Keys based in Islamorada presented Montagne with…

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Elevation certificate can save you money on your insurance premium

Pie Chart showing premium savings with elevation certificate

According to FEMA, elevation certificates will no longer be needed to rate new flood insurance policies; however, homeowners have the option of submitting one. Is the average $400 cost of an elevation certificate worth it?  Research completed by Fair Insurance in Monroe (FIRM) shows the answer is “Yes” 82% of the time. “We found the…

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