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Posted on 07/11/2023 9:02:34 AM PDT by DFG
Based on the comments I’ve seen here from Freepers over the years, it sounds like insurance fraud is the second largest industry in Florida after tourism.
Well, the problem is obvious. it is that damned DeSantis. As of the eleventh day of July 2023, he has not done a darned thing put a halt to hurricanes making landfall in Florida. Vote for George O’Brien! Get poor Charlie out of Florida
Yeah, I got that from “The Man who never Returned”
How can he? Florida is an insurance nightmare of hurricanes, sinkholes, alligators, uninsured drivers, and old people causing accidents. Not the governor’s fault.
Insurance is for un-expected or catastrophic loss, not regular recurring things.
Car insurance doesn’t pay for wiper blades or oil changes.
You cover the OTHER guy mostly.
Home IN-surance (for those in the South) is an easy thing.
Price what it costs, add in the riders, and add in the Vig.
If you live where the wind can blow your house down, insurance premiums should be priced accordingly.
If you live in a flood zone, same thing.
If you live in an Urban War Zone with civil strife, you should be able to get insurance for that too. (I know, “Civil Strife” is normally excluded)
In Florida, their are major storms on a regular basis.
That’s why people didn’t live their for a very long time.
Swamps, storms, crapola drinking water etc . . .
Financialization changed everything.
Privatize gains, spread the losses onto everybody else.
No sympathy from here - None.
Florida people can just form their own insurance company and pay whatever Risk Management analysts say should be paid.
Home owners insurance has doubled here in Florida.
—> Not the governor’s fault.
Leaders fail to lead.
Half of the current century has been a “hurricane holiday”, 12 years when no strong hurricane made landfall in the USA. So the reason for skyrocketing Florida homeowner premiums is something else that needs to be fixed. Desantis is a smart guy, but he needs to work on it.
I am observing many Floridians moving from there to Arkansas.
He cannot win the presidency unless he tries to help us with this problem. Florida will be an enclave of the Rich and maybe that’s what he wants.
$200K+ are the only ones voting for him
Paging “The Governor” DeSantis.
How can he? Florida is an insurance nightmare of hurricanes, sinkholes, alligators, uninsured drivers, and old people causing accidents. Not the governor’s fault.
This is the core of every GOPe defeat.
“There is nothing we can do about our problems here in America”
“But we have hundreds of billions for Ukraine, Afghanistan. Iraw and defending Europe.”
If you live where the wind can blow your house down, insurance premiums should be priced accordingly.
If you live in a flood zone, same thing.
If you live in an Urban War Zone with civil strife, you should be able to get insurance for that too. (I know, “Civil Strife” is normally excluded)
.....
No sympathy from here - None.
Democrats pay off their core supporters.
Repubs: they are like this guy, then they wonder why they lose.
The rate for my home went up about 15% this year. The policy contains a $10K deductible for hurricane damage. Everything else is $1k deductible.
Give that the insurance company paid me $36K to repair my home this year after the big one, I’m not surprised. We had 155mph winds and my chimney blew off among other things.
Deep State hates competition.
There’s a shocker.
Homeowners insurance is not required by the government. However, if you borrow money to buy a house it is required by the lender. The government should stay out of this.
The crisis is largely the result of a plague of roofing scams, fed by loopholes in state law and a string of court decisions that allowed them to proliferate, insurers and government officials say.
The scam works like this: Contractors knock on doors offering to inspect homeowners’ roofs for storm damage. They say they can help get a roof replacement covered by insurance, and they persuade the homeowners to sign away their rights to file the claims themselves. The contractors then file fraudulent damage claims, and when the insurance companies balk, the contractors sue. The insurance companies usually settle the disputed claims for many times more than the original claim. Most of that money goes to the contractors’ lawyers in the form of a “contingency fee multiplier.” Some lawyers file hundreds of such lawsuits a year.
The homeowner may get a free roof, but everyone pays for it through increased rates.
https://news.yahoo.com/roofing-scams-put-florida-property-083055666.html
A year ago our home ins was cancelled.
Had to replace our roof before anyone would insure us.
Ugh.
Still a nice place to live though.
After summer is over it’s paradise here in SFL.
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