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Rich Homeowners Form Their Own Home Insurance Company

July 22, 2007

News Channel 7 - 08/23/07 By Victoria Langley

A group of wealthy Florida homeowners has found a way around the state's insurance crisis. They've teamed up to create their own insurance company. And they're even getting millions of dollars in starter money from the state to do it. But, the only catch is you have to have a million dollar home to join this club.

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