Posted on 07/11/2023 9:02:34 AM PDT by DFG
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.
ESG?
For sure.
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.
>>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.
>>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.
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!
“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.
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.
Progressive uses its profits to support Demoncrats and other liberal causes.
It’s either them or no insurance at all. What would you do? Any suggestion appreciated.
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 .
That was the reason number four I moved out of Southern California. Too many freaking people and mostly the wrong kind of people.
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.
Florida premium for 3 bdrm 3 bath = $12,000
Of my two Florida properties, neither is insured for anything...
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