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‘It’s brutal’: As premiums continue to soar, another home insurer is leaving Florida
Miami Herald via Yahoo ^ | 07/11/2023 | Alex Harris, Lawrence Mower

Posted on 07/11/2023 9:02:34 AM PDT by DFG

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To: lilypad

Yeah everyone I talked to was very surprised when it was tome to renew. We have some friends that have a mortgage and the insurance is included in payment. Their mortgage payment doubled and they are wondering how to pay it. May lose their home. Everyone is just staying with what they have and taking it. Wouldn’t want to search for new policy now. Parents have major leak on roof. They denied the claim and said it’s wear and tare and not storm damage. 22,000 bucks.


81 posted on 07/11/2023 12:59:49 PM PDT by glimmerman70
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To: DFG

ESG?


82 posted on 07/11/2023 1:05:14 PM PDT by Cowman
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To: devere

For sure.


83 posted on 07/11/2023 1:23:02 PM PDT by Bonemaker (invictus maneo)
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To: DFG

Insurance companies are raising costs to pay for illegals in other areas like healthcare. My car insurance was $54 and now $137. States raise costs on utilities to cover up the pension payouts to state workers. Home prices go up because the local gov’t tells the developer they need to build something somewhere else not even part of the home development or pay for the speckled lizard habitat. There is always something else rolled into the higher costs.


84 posted on 07/11/2023 2:04:20 PM PDT by minnesota_bound (Need more money to buy everything now)
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To: tinamina

>>Why is our governor spending all this money campaigning for president instead of helping his constituents in Florida?

are you opposed to the free-markets just working it out then? If insurance rates go high enough, someone will step in an offer them - I for one don’t want the government ‘helping’. If you live in a high-risk area, you should expect to pay a premium for risky insurance.

Everyone is all for free-market capitalism....until it bites them in the ass - and then they expect the government to bail them out.


85 posted on 07/11/2023 2:38:00 PM PDT by qwerty1234
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To: CodeToad

>>So you think there is some place in the US that does not have natural disasters? Childish thinking.

there are plenty of places in the US that don’t have nearly the natural disasters as some others. the risks are not spread equally.


86 posted on 07/11/2023 2:40:11 PM PDT by qwerty1234
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To: Gnome1949

Good point!

Not only that, we “inland Floridians” pay a surcharge on our increasingly more expensive home owners insurance policies so that the multi-million dollar Atlantic Ocean and Gulf of Mexico mansions can get rebuilt on their respective beach-FRont property after a destructive hurricane!

AFAIK, no one is helping us “inland Floridians” rebuild, and we pay 100% of the cost of our insurance!

It seems to me that if someone wants to build on the shore of the Atlantic Ocean or the Gulf of Mexico, they should bear the total cost of their insurance, just like we”inland Floridians” have to!

Tallahassee. . . WE GOTTA PROBLEM!

Governor DeSantis . . . WE GOTTA PROBLEM!


87 posted on 07/11/2023 2:56:28 PM PDT by Taxman (SAVE AMERICA! VOTE REPUBLICAN IN 2023 AND 2024!)
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To: Mouton

“Flood is also up but not wise to cancel it because as the punch line to the joke goes, “harry how do you start a flood”.”

I agree with keeping flood insurance, but you might want to check to see if you can buy it without homeowner’s. Here in Texas, I don’t think that’s possible.


88 posted on 07/11/2023 5:59:14 PM PDT by BobL (Trump has all the right Enemies; DeSantis has all the wrong Friends)
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To: qwerty1234

I didn’t say anything about free market capitalism. The market in Florida is very very much in trouble and no one is trying to fix it. Rates going up doubling every year year over year for everyone. People can’t get insurance if they have a 15 year old roof.
I could go on and on but middle class people will not be able to afford to live in FL, especially on a fixed income they will be forced to be homeless.
Governor DeSantis forced an insurance company to pay a claim that should not have been paid on the Surfside collapse for PR purposes. Check it out.


89 posted on 07/11/2023 8:19:08 PM PDT by tinamina (Remember when Biden said “we have developed the most sophisticated voting fraud system ever”? )
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To: qwerty1234

https://theconservativetreehouse.com/blog/2023/07/11/farmers-insurance-company-pulls-out-of-florida-another-100000-policies-will-not-be-renewed/?utm_source=rss&utm_medium=rss&utm_campaign=farmers-insurance-company-pulls-out-of-florida-another-100000-policies-will-not-be-renewed&lctg=95883433


90 posted on 07/11/2023 10:56:41 PM PDT by tinamina (Remember when Biden said “we have developed the most sophisticated voting fraud system ever”? )
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To: lilypad

Progressive uses its profits to support Demoncrats and other liberal causes.


91 posted on 07/12/2023 4:26:22 AM PDT by Does so ( 🇺🇦...................."Who is Ray Epps?" should be overstamped on every piece of currency.)
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To: Does so

It’s either them or no insurance at all. What would you do? Any suggestion appreciated.


92 posted on 07/12/2023 7:47:50 AM PDT by lilypad
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To: dragnet2

Just saw that about 321,000 new people have moved here. Taking that number and using 2 cars per family the license fees alone, state taking in must be astounding. I guess that’s why every road, bridge etc are being added or widened .


93 posted on 07/12/2023 7:50:39 AM PDT by lilypad
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To: lilypad

That was the reason number four I moved out of Southern California. Too many freaking people and mostly the wrong kind of people.


94 posted on 07/12/2023 9:34:53 AM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: dragnet2

All the people moving here are not the kind we want either. 5 houses sold in the last 18 months near us. Three went to libs. I really can see Florida becoming the new California if we aren’t careful here.


95 posted on 07/12/2023 10:08:09 AM PDT by lilypad
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To: TribalPrincess2U

Florida premium for 3 bdrm 3 bath = $12,000


96 posted on 07/12/2023 11:48:15 AM PDT by from occupied ga (Your government is your most dangerous enemy - EVs a solution for which there is no problem)
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To: lilypad

Of my two Florida properties, neither is insured for anything...


97 posted on 07/12/2023 4:56:33 PM PDT by Does so ( 🇺🇦...................."Who is Ray Epps?" should be overstamped on every piece of currency.)
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