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Insurer: Covering Only Million-Dollar Houses Cuts Risk

Sarasota Herald Tribune - 07/03/07 By John Hielscher

Peter Wolf is tired of the soaring cost to insure his bayside Longboat Key home.

"I was very concerned with the skyrocketing premiums I was paying," he said. "They had at least doubled." After asking his insurance agent to find cheaper coverage, Wolf got a deal that saves him about $6,000 a year.

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