⭕ Florida's Auto Insurance Rates to Climb Again in 2024

Issue #122

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28 Feb

Daytona 500 Sets Stage for 2025-Pre-Sale and Passion Ignite

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The Daytona International Speedway has set February 16, 2025, as the date for the 67th Daytona 500. The announcement came from Speedway President Frank Kelleher and 2024 champion William Byron during a special event. Fans have shown immense enthusiasm for the race, a sentiment expected to continue into next year. To facilitate early access to tickets, a pre-sale registration is now open on DAYTONA500.com, with a $25 deposit offering priority for seats and experiences. Despite the sell-out of tickets for the 2024 race, fans can still attend the Daytona Supercross and the Coke Zero Sugar 400 weekend in 2024.

Flagler Sheriff's New Tech Gives Dispatchers a Real-Time View, Boosting Crime Response

The Flagler County Sheriff's Office has introduced a revolutionary technology that enables 911 dispatchers to access live video feeds from callers' smartphones, significantly enhancing the response capabilities of law enforcement. This system allows for real-time monitoring of incidents, providing deputies with crucial information before they arrive on the scene. The technology has already proven effective in various situations, including a recent burglary where it enabled a quick apprehension. It not only improves emergency response efficiency but also strengthens the collaboration between the community and law enforcement, while serving as a potent tool for evidence collection.

Florida's Auto Insurance Rates to Climb Again in 2024, Albeit More Slowly

Florida's auto insurance premiums, already the third highest in the U.S., are set to increase by 7% in 2024, a report from Insurify reveals. This rise follows a 24% surge last year, driven by factors like repair costs, climate disasters, and economic pressures. The average full-coverage rate in Florida was $2,917 at the end of 2023, significantly above the national average. The state's insurance costs are influenced by severe weather, high auto part prices, insurer market exits, and insurance fraud. Legislative efforts are underway to address these issues by proposing changes to the state's no-fault insurance system, aiming to reduce fraud and litigation costs. Despite the rising costs, many Floridians have not taken action to lower their premiums, though some have adjusted their policies or switched insurers.

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