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The big insurance companies would not lose 1 seconds sleep over pulling out. same with our wonderful politicians who we elected.

and once they pass the law and all the insurance companies pull out, who will insure us? The state? the Feds? This is risky business our politicians are playing with our private insurance policies.

Do the insurers in Florida not take into account the type of home construction when figuring rates? Do they charge the same rate for a frame house, a modular, a mobile home, a brick house, a concrete block house and a poured concrete house? How do they decide what to charge? Is locale also a rate factor? Or does everybody in FL get the same risk assessed?

The insurance companies have no restraint when dumping what they consider to be high risk properties onto the state via Citizens. ANd I don't think the isurqance companies will pull out of FL. Even in 2005, they still made money. The trick they are tryting to pull is to get people to have a high deductible. Hurricane damages are, for the vast majority of homes, either less than $10K or are complete destruction of the house. The insurance companies want your deductible to be greater than $10K so coverage will only kick in if your house is wiped out. In FL, most homes are not wiped out by wind damage. They are destroyed by storm surge and homeowners policies don't cover storm surge. That's considered flood insurance so there is no risk to the insurers.