James W. Kry Inc. - A Family Owned & Operated

 Full Service Insurance Agency

Proudly Serving Sumter County Since 1983



Wondering Why Your Property Insurance Rates Have Increased?

We've had a lot of inquiries regarding property insurance rates increasing so dramatically. In case you've been wondering the same, here are some insights and information on how you can get involved. 

- There are frivolous lawsuits being filed by trial attorneys with fee multipliers equal to 2-3 times the hourly rate for an average attorney. They are able to earn six-figure fees on a $10K settlement - none of which is shared with the policyholder.

- Thousands of claims are being reported with roof damage that appears to be general wear-and-tear or maintenance related as opposed to damage with causes covered by peril insurance (including fire, lightning, windstorms, etc.). Costs are rising due to lawsuits being filed for damages caused by a hurricane that made landfall three years ago.

The implications of the above have many businesses and homeowners calling for reform. Some of the most sought-after changes include ending fee multipliers for lawyers who are receiving egregious paydays from run-of-the-mill lawsuits, adding additional, affordable options for roof coverage for consumers, and reducing the statute of limitations for filing claims-meaning damage should be reported immediately, not 3-5 years after it occurs.

Fortunately, there are actions we can take as citizens to try and combat these rate increases.  Here are some simple ways you can make an impact:

- Go to Floridians For Lawsuit Reform.


- Reach out to your legislators today and let them know how much your premium has increased this year!

- Encourage their support of legislation that aims to achieve the much-needed reforms listed above.

- Tell your family and friends about the cause- if they live in Florida, their premiums are also going up.

If our state does not act on these issues, your homeowners rates will continue to increase. Getting involved only takes a couple of minutes of your time-and the impacts are far-reaching for homeowners across Florida.

James Kry Insurance is doing everything possible to assist our customer's lower their rate if possible. 

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