You have a high deductible for the sake of a lower insurance premium. Should you ever have to file a claim, your deductible can be financed as long as you choose a repair company that allows for that. Get a wind mitigation report, shop around for new insurance and you too, just like I did, can find an insurance company that has a low deductible with a very affordable insurance cost.
Only the people who have payed off their mortgage can stop paying everybody else who is paying a mortgage is forced into keep paying for mortgage insurance
That's exactly what I did. More economical to pay myself the amount the insurance companies want. I put the money into an interest bearing fund/account to ensure there will be money for repairs if/when needed. The insurance companies can get rich off of someone else's property.
I own my Florida home outright and I'm not required to carry insurance. So I sent the insurance company packing when they tried to double my premiums. Between the current premium rates they want combined with the high deductible required to lower those premiums, I find it more economical to pay myself those amounts into a fund/account that I will use for repairs if/when necessary. The upside..., Unlike the insurance companies, I will never deny myself a claim for repair should I need it.
But yet they can pay football players, lizards, Flo millions. No insurance company is losing money, they're just not making as much profit as they want,
Yep the heating and air-condition has a monopoly also it cost thousands of dollars to replace and you can not buy replacement parts unless you have a license. I just finished using 3 heating and air contractors and they all said I needed a new unit with the cost between 13 and 15 thousands dollars and I called a fourth heating and air contractor and he fixed the unit the circuit board burned out and he replaced it and the heating system is working fine the cost 1,128.00 dollars plus the 350 dollars for each contractor to show up take a look and say you need a new unit so they got their 100.00 and I sent them away
They want people to think its the minorities and poor whites who use fraud like gypsies! Its a myth created by right-wing propaganda media! Truth is, the republicans sold us out! They threw seniors under the bus in exchange for huge campaign donations!
Wow crazy my nana lives in Polk county she doesn’t need insurance but my friend’s mom got denied because her roof is 15 yo old! They want her to replace the roof and her house is big 2,000+ sq ft. I pay 833 in Philadelphia.
Insurance Companies don't check who they hire for inspections of policy holders properties, they hire them , contractor works for you they say, alot of add ons by contractors, problem doesn't exist, so who is creating the scam, not the owner !!!!!!!!!!
Iive in fl for 40yrs a house 1,000ft n 3 beds 1 bath, kitchen very small everythingis small husband retire and it went $700.ª yr,900yr 1,500 3yrs ego and now is 3,000.00 tell what can I do with a check of1,300.00 a month from my husband retaiment? Im still pay mortgage,we are seniors arowd the 70,73 I think we going to loose the house because all this mess😥somebody need to do something please!
The killing of middle Class
If I have an extremely high deductible what is the point of paying an insurance policy that is almost as expensive?
So move to Ohio
@@mikedennington8856 Please don't. We want Floridians to stay in Florida.
You have a high deductible for the sake of a lower insurance premium. Should you ever have to file a claim, your deductible can be financed as long as you choose a repair company that allows for that. Get a wind mitigation report, shop around for new insurance and you too, just like I did, can find an insurance company that has a low deductible with a very affordable insurance cost.
Keep increasing the home insurance, one day the American people will get fed up and stop paying home insurance.
Only the people who have payed off their mortgage can stop paying everybody else who is paying a mortgage is forced into keep paying for mortgage insurance
That's exactly what I did. More economical to pay myself the amount the insurance companies want. I put the money into an interest bearing fund/account to ensure there will be money for repairs if/when needed. The insurance companies can get rich off of someone else's property.
Don't sign an assignment of benefits. Insurance should pay directly to you....then you pay the roofer some down to start the job.
You clearly trust the insurance companies.
I own my Florida home outright and I'm not required to carry insurance. So I sent the insurance company packing when they tried to double my premiums. Between the current premium rates they want combined with the high deductible required to lower those premiums, I find it more economical to pay myself those amounts into a fund/account that I will use for repairs if/when necessary. The upside..., Unlike the insurance companies, I will never deny myself a claim for repair should I need it.
But yet they can pay football players, lizards, Flo millions. No insurance company is losing money, they're just not making as much profit as they want,
Yep the heating and air-condition has a monopoly also it cost thousands of dollars to replace and you can not buy replacement parts unless you have a license. I just finished using 3 heating and air contractors and they all said I needed a new unit with the cost between 13 and 15 thousands dollars and I called a fourth heating and air contractor and he fixed the unit the circuit board burned out and he replaced it and the heating system is working fine the cost 1,128.00 dollars plus the 350 dollars for each contractor to show up take a look and say you need a new unit so they got their 100.00 and I sent them away
Mortgage paid off and now I'm self insured. I refused to pay $7560 a year . I'm good.
lol roofing fraud.....would of been easier just say shipping containers cause insurance to go up lol
They want people to think its the minorities and poor whites who use fraud like gypsies! Its a myth created by right-wing propaganda media! Truth is, the republicans sold us out! They threw seniors under the bus in exchange for huge campaign donations!
LOL insurance crook complains about rising costs
Wow crazy my nana lives in Polk county she doesn’t need insurance but my friend’s mom got denied because her roof is 15 yo old! They want her to replace the roof and her house is big 2,000+ sq ft. I pay 833 in Philadelphia.
They all have been knocked off their imaginary high horse. That delusion of privilege and power is over! FOREVER
They don't care about humanity.
Downsize. Don't buy more house than you need to keep your insurance and maintenance costs at a minimum.
your comment is extremely ill informed
my 90 y/o Aunt, living in a small
Insurance Companies don't check who they hire for inspections of policy holders properties, they hire them , contractor works for you they say, alot of add ons by contractors, problem doesn't exist, so who is creating the scam, not the owner !!!!!!!!!!
"We never did anything to deserve this."
It's not going to matter, because eventually south Florida will be under water.
Yup - "just a paradise!
Iive in fl for 40yrs a house 1,000ft n
3 beds 1 bath, kitchen very small everythingis small husband retire and it went $700.ª yr,900yr 1,500 3yrs ego and now is 3,000.00 tell what can I do with a check of1,300.00 a month from my husband retaiment? Im still pay mortgage,we are seniors arowd the 70,73 I think we going to loose the house because all this mess😥somebody need to do something please!
You're going to have to move north, at least one state
Nobody is going to come to your rescue. That is for sure. You have to push legislation.
Why don’t they make homes all concrete? Why wood.
Itsfunneh the homeowners insurance in the State of Florida and 11.2 billion dollar Surplus really
Yep that’s right they all are going to pay a lot more money just looking at those clay potter roofing cost big bucks
I pay $692/year in pa 🤣
🤯
I pay 833 in Philadelphia
Well I am glad I payed off my mortgage and I don’t want them to go up to high but whatever I will pay
Hurricanes?
They want the property after 3 years.
Welcome to capitalism...... how's that working for everyone???????
So move if ya don’t like capitalism in action, hahahaha
Ooooooooooh let rise
He aught to leave Disney alone and deal with the insurance that consurn the people