😂...doubt that. Boner star. I will raise you the fact that California alone can equal the insurance claims. You are not bright in any capacity of the word. Your tucked clothing is smothering your brain.
You understand what hurricanes do, right? As one insurance agent told me "FL is the state with the big 'kick me!' sign out in the middle of the Atlantic Ocean." she wasn't kidding.
Actually, with regards to claims, it's FL, CA and TX combined, not just FL alone (although, FL is #1). I retired from a nationwide insurance company, and FL/TX have much higher rates than CA, because CA put caps (for years) on what insurance companies could charge in premium's. However, that's now backfired, since 2 of the 4 largest home insurance companies in CA have closed up shop, Allstate and State Farm, because they know that the next disaster in CA could put their companies in an extremely bad situation, if not bankruptcy. The woman who bought her home in FL, in 2018, is the one that's completely ridiculous. Why would you buy a house, in a state that's been known, for decades, because of it's high disaster insurance claims, and not expect that the premium's were going to skyrocket? I remember thousands of customers, over the years, telling me that they would never, ever, live where it snowed. Hopefully, they still really love the weather, because they're going to pay through the nose for it, or end up selling their homes, because they can't afford it. Imagine trying to sell a home, where the yearly taxes and insurance on it, could easily cost more than the mortgage, and that's without the cost of flood insurance (most homeowner policies exclude flood), which is even more expensive than homeowner's insurance.
And they won't even be able to sell their properties because future and potential buyers will realize that the property cannot effectively be insured. Much of Florida just basically became worthless.
The exact opposite if what you said is what's happening. I can sell my home for asking price or more, today. This is happening because of the flood of northern people pouring into our state currently at 3000 a day.
That means property values will drop and be harder to get home loans in Florida. Lenders are not going to want to lend on properties that are harder to insure.
@@oliviapopeofallthingsyoutu5505 I think Americans are lead to believe that the US is this utopia and it’s so far from it. The US is about capitalism. The wealthiest man almost always wins. That explains why the healthcare, education, housing, justice system and corporations get what they want. Many want all these freedoms but it goes both ways. The US has no regulations when it comes to corporations and Americans are to blame. You want all these freedoms but want to tell insurance companies what they can and can’t do. It’s a supply and demand. Any corporation has a right to deny or accept your business. Any corporation has a right to charge what they deem appropriate. Just like you have a right to purchase a home for more or less than the asking price and lenders have a right to approve or deny you a loan. That IS exactly what American is and always has been about.
You have zero clue what your talking about he is fighting them hard problem is federal laws that date back to the depression you need to educate yourself befor saying such dumb things
It's not just the senators. I emailed both Kathy Castor & the governor about it and neither of them replied. Tampa mayor said she didn't want to 'deter' investors.. it's all big money for local gov.
Problem doesn’t just end there with homeowners insurance. U2 need to cover how bad auto insurance is going up and the amount of companies pulling out. And then when you need them, are they really paying what you’re paying for. Things have just gotten worse on so many levels.
one would be amazed at how much money a household spends annually on automobile related expenses: 🤔 Gas, tires, maintenance, insurance, license plate taxes, parking and garage, car wash, and maybe you even have to make a car loan payment or lease payment each month on top of all those. 🤑 Makes me wonder how many uber/lift/taxi/bus rides that would get me each year. 🚕
@@GrayBear420 As a self-employed man I decided to lose my van when I was forty. I realized I was spending half of my life working to pay for driving one. My life changed for the better, as far as getting more into humanity than pavement. I also lost weight and stayed healthy.
@@Avendale lol You forgot the emissions, towing, tolls, red light/ speeding cams fees, and detailing supplies? Oh' don't forget the new pending miles driven fees, states / city's will be implementing? I'm starting to think those motor scooters don't seems so bad now? And if one does what Gray Bear said, all of the ride folks want more money too! Government buses also. Everyone wants higher wages.
Insurance is nothing more than a Ponzi scheme??? You put money in it thinking you’re COVERED??? Come to find out the money you THOUGHT COVERING YOU is not their sad 😢
Free market capitalism. Start your own insurance company if you have a problem with it. Fair warning - every single one of your clients is going to sue you lol have fun
@@ishimoto1597 Says who, a millionaire. You are damn right we have a problem and a serious one, looking more like socialism to me, beginning with the current extremely corrupt government that we have, pushing their agendas right in our faces and doing what ever they damn please without it's citizens consent.
@@magnumxlpi You know why there are so many claims in Florida because of the Hurricanes, now, Louisiana has had several hurricanes and insurance rates have increased slightly, I know, my brother lives in New Orleans. One problem that Florida has been facing in the past several years is the amount of people moving into the state, more people, more construction, means eventually more damage to cover do the hurricanes. You also need to understand that Florida is a peninsula, that is prone to absorb the flow of hurricanes, with huge amounts of ocean front properties that raises red flags.
We've had double digit increases in EVERYTHING. Coporations are struggling and we need to pull ouselves up by the bootstraps so the CEOs can get their second mega yachts.
This goes with any company they are filling their pockets the oil companies big pharma companies retail stores CEO CFO COO it is a joke the the Government sends well over 500 billion of our tax money overseas in the past 10 years.
I agree with what you're saying to a certain extent; however, large corporations are not struggling. They're realizing record profits, which they're using to buy back stocks to enrich shareholders and to pay million dollar bonuses to executives. All this while they claim it's due to "inflation", and while they pay their employees non-livable wages.
I live in Florida and their are tons of out of state tags. You would not believe how long it takes me to get to the other side of my town due to congestion. I pray all these people would go back home soon. It’s becoming unbearable.
We don't need insurance companies, Instead, we need to pool our resources and eliminate intermediaries who seek to generate profits. The rationale behind their existence and how it benefits us remains unclear. By having every Floridian contribute to the state pool, the state would accumulate nearly 6 trillion dollars per year to distribute to individuals in the event of a natural calamity. In this scenario, claims cannot be denied as there is no involvement of profit-driven insurance entities.
@@fishingexplorers6076 All of them. Don't know what people expect, it's literally a peninsula surrounded by warm water during hurricane season. Also Florida is sinkhole country, most of the ground is limestone, which forms caves. And they're barely above sea level.
@@RedLineShortFilms Nice idea but it would never float in Fla. You are suggesting that people pool their money to help one another with the state government contributing and overseeing the program. This would work perfectly. However you are overlooking one important fact. The idea you are promoting is plain and simple socialism or maybe even closer to communism. And if there is one thing Floridians HATE it's socialism. Even though it would benefit every homeowner or renter in the state and bring down their cost, the first redneck that yelled socialism would completely kill the program. Nice try though.
@@Wisepati Stop paying 50% or more of bill to insurance but instead of to the loan. Cut the duration of the loan in more than half, but this in turn mean less profit for the bank. If I don't put it on my car, I'll go to jail regardless of if I own my car or not. (and I do)
@@abircocci8157 They offer investment advice and help me with my investment goals, building my portfolio and also retirement planning. They are very professional and knowledgeable, and they tailor their services to my needs and preferences.
Aren't you the person who is bragging to your neighbor how valuable your house is now? Now you don't want to pay more to insure that valuable house your so proud of? Why should your rates stay the same when the value has tripled and the cost to repair it has tripled? Haha, ok.
@@hellometro7915 The houses are over valued, started in 1999 after the first major hurricane. I figured the state wanted more property tax revenue to pay repair cost of natural disasters. The hurricanes keep getting worst as do insurance rates.
The governors are all the same. The county next to mine had fires and the insurance companies are leaving the state but my governor thinks he is a King. He wants to change the federal constitution by adding a 28th amendment. The homeless are sleeping everywhere from the policies he created. Stop being so one sided.
@@jannibal9273 1. both new and used cars have become more expensive. 2. alot more careless, road rage and impatient drivers. Theft and vandalism has also increased.
Yes its crazy... its because of bad drivers.. I walk or use my bik to get around.. I live in a spot that's near everything I need so I don't drive much but its still to much form insurance...
The insurance on both of my cars has increased for no reason. I have an excellent driving record and yet my premiums keep going up when they should be decreasing.
Yeah. My mother has a perfect driving record and lives in Oregon. Her insurance just went up another $140. She was told by her agent it's because of Florida. What???? Why is everyone else's car insurance going up because of the dumbassess in Florida?
Florida has a ranking system for flood insurance. The closer you are to the coast (the most desirable areas where people want to retire to) A rating is areas most prone to flooding) then B, C. etc. Our family condo is next to the gulf, so we are in the high risk zone. Beautiful area, but maybe not affordable anymore.
My home owners insurance went from about $4400 to $7800. Next month will make 2 years since my husband and I bought this home. We called about 8 insurances and no one wanted to work with us. I called Citizens and the quote was a little bit less than the $7800. Main reason for this is because the agent said our roof was redone in 2014 and the inspection didn’t indicate if it’s held down by straps. Also they said our home is old (built 1979) Idk man as a new homeowner I’m trying to figure out all this stuff. I feel like an idiot. Anyway something told me to keep searching for a better insurance company. Ended up with USAA. Got us down to almost what we were paying initially when we bought the house. I didn’t want to move to FL, my husband did so I agreed. I wanted to go to one of the Carolinas or GA. FL is beautiful but I never imagined having to pay such high rates. My best friend just bought a house in CT last month and her home owners insurance is $1450!!!
@Janae Jones took a lot longer than I wanted, but so happy to be there. Saved 5 figures in the last 5 months, after buying a complete replacement stereo for the jeep, new living room couch, basement couch, arcade cabinet, bunch of crap on my replace list. Got $250 on a credit card now since they sent me a use it or lose it email.
Mine went up with framers insurance 20 percent this year . So i pay 1500 per year. Of course my central Florida house value went up a lot so my replacement cost when up ..also i have only a 500 dollars deductible for hurricane and non hurricane damages. In a couple of years i will start to shop a round to see if i can get a better deal. But for now i am ok with 1500 per year. It is alot less than my insurance on my previous north Dallas house.
@@rnettles6241 Too bad most of the pedophilia are coming from the GOP side, yeah….let’s stop “woke”, which nobody knows what “woke” is other than something they don’t like
This is why I wonder why so many people decided to relocate to Florida. Didn't they pay attention to the lack of affordable home insurance, and a dearth of insurance companies? Go figure...
@@bambinaforever1402 , The weather in Florida isn't so nice in July and August. It's blazing hot and humid. This is why we have "snowbirds" who live in Florida in the Winter months and travel up North to their other home in the summer time.
@@netogrof , Now that the Supreme Court has basically gutted the EPA's regulatory authority over wetlands, agricultural companies in Florida will be dumping fertilizer-laden runoff into marshes and small non-navigable waterways; when those nutrients hit the ocean they will fuel blooms of red tide and toxic green cyanobacteria, and also help fuel the sargassum seaweed blooms. The beaches will become unusable and Florida will have no tourism industry left in 10 years.
They need to not allow Insurance on Floodplains and on Mangrove Islands they cleared to build houses. Houses shouldn't have been built in those areas to begin with
I'm Floridian, my homeowners insurance has only gone up a few dollars. I live inland so apparently others who are complaining live on the coastline. People with solar panels on their roofs their insurance went up because they're easily damaged. Fraudulent claims, hurricanes and tropical storms are really the cause of insurance hikes.
There is NO state tax and NO city or village Tax. Be thankful of that in Florida. Here in NY we pay City State & Federal taxes. We also pay $10,000 a year on property taxes for a 4000 sq foot lot! And we pay on average $2800 per car for car insurance. We see the sun about 120 days a year tops and it’s still chilly on June 11th!
I am in upstate new york my car ins is 924 a year full coverage, much prettier then florida....nature everywhere... yes state taxe suck and my rent is decent! plus utilities covered....
@@stavroslask1292 Upstate is gorgeous, be it the Champlain Vallery, Adirondacks, Finger Lakes Region. People hardly seem sad hereabouts, they're too busy out enjoying nature. Thanks, we'll take the weather here. Florida is really the front line for climate change, as the whole insurance debacle is beginning to show.
Don't worry.. our military will spend hundreds of millions to rename the bases so as not to offend anyone because that's a top priority right now... See what I did there?
@@ajones1825 at least renaming the bases doesn't do harm. This woke shit is both intentionally and unintentionally harmful with literally no benefit other than to PWNSUMNEWBS
Yes, And the guy doesn’t even know what it really means, he’s trying to turn it into an evil term when it isn’t, you do have to remember the opposite of woke is asleep, so guess where he sits
@@eattherich9215 meanwhile you'd call it sickening to see an adult man dance half clothed in front of kids but cheer on the same man if he was doing so as a drag queen. - But please do not bother replying to my post, you're much too busy seething with rage that rich people exist and you're not one of them.
Our governor turned a blind eye to this insurance issue and now finally attempted to do something about it, but the effects won't be seen for years to come.
What he did to "help' the homeowners: He signed into law a bill that will now make it harder to sue your insurance companies for claims and damages. Now there's a guy who really cares about the people who voted for him as Governor.
Citizens is owned by the government of Florida, and is a nonprofit. How can you expect a company to ensure you if they are not making at least enough money to cover their expenses? Not sure what he can do about it.
@Wisepati DeSatan should stop attacking Disney, gays, transgender people, public health officials, teachers, books, words, science, immigrants, anyone more compassionate, wise, and decent than he is, women's rights, civil rights, etc., and actually DO something that helps his constituents, his state, and the country at large.
Move to Florida and get the highest real estate prices in country. Get the highest car insurance in the country. Get the highest home owner insurance in the country. Get the highest toll roads prices in the country. Get the highest food prices in tue country. Those are just a few of the highest prices in the country. And, when a major city gets hit by a major hurricane (which will happen) rates will double and tripple again.
You aren't. Floridians do, though. NINE major insurers simply left the state last year. Most of those that remain will not write ANY policies for anyone near the coast or other bodies of water. Progressive canceled 90,000 homeowners policies after Ian--mine included 😞
@@PatriotTwin You lie, the feds bail it out again and again, we all pay for that massive swamp in the path of major storms. Time for Florida to be responsible for Florida and not the other 49 states.
If you don't live in Florida, then you aren't paying for it. Insurance and insurance rates are state specific and carriers have to ask for increases based on stated reasons and have it approved by the state government. People who live in parts of Central and North Florida who almost never have to deal with major hurricane damage may see their rates go up anyway, but not people in other states. If people in Indiana, Kansas or Virginia have their rates go up it's not because of anything that happened in Florida.
In a socialist environment the financial burdens are shifted according to desired policy objectives. Golden parachutes for some , a decline in life quality for so many others.. The moat is now financial control. .. .. or lack of enforcement for the white collar unethical aquisitions. Somewhere , over the rainbow...
@@e.turduckeny630 Not true. When you have a hurricane in Florida the prices for everyone goes up because these company are not only operating in Florida, unless the other states specifically prohibit this type of action and the fact is that no state in the south does so we all pay.
14% is still cheaper than what my insurance company raised my rate, and I am not even in Florida. I am in the hurricane-proof, tornado-proof city of McAllen, Texas. I never filed a single claim, and yet it raised my rate by 20%. So, I cancel my policy and I am insuring myself and making that money myself.
It's not just cost home/property insurance...it's also automobile insurance rates. So many people don't have auto insurance either. Florida is NOT paradise, especially in the summer months with bugs, heat, and violent storms. Not to mention that most of Florida is karst topography, with a high risk of becoming sinkholes - which requires paying for an ADDITIONAL rider on the property insurance. Then you need a LOT of money if you hope to evacuate for major hurricanes. All of this in a tourist trap, minimum wage economy...
A friend of mine lives in an over 55 community in Florida and paid nearly $4,000 for contents and car insurance. There is a HOA which takes care of buildings' cover, but that must be going up too.
Imagine living in an environmentally unsafe place and expecting insurance, who loves to mitigate risk, to give you a low rate. They can't. They already said multiple insurance companies went under in Florida.
The hurricanes aren’t why insurance companies are leaving Florida. It’s the lawsuits and the laws about roof replacements in Florida. If a couple of shingles are damaged by a storm people have been getting their entire 20 year old roof replaced for “free” by their insurance companies. And when insurance companies try to object roofing companies tell homeowners to file lawsuits. That is what is chasing insurance companies out of Florida.
In all Reality if you're living in areas surrounded by Water you should expect massive increases on insurance as the weather seems to be getting more volatile each year
The weather is not getting more volatile ! Just the simple fact a lot more people live near water and when there’s a storm the insurance companies are paying out a lot more
People take out second mortgages to keep up with the Jones’s and constantly remodeling. Pay off your home and then it’s your choice wether you want to pay such high insurance rates
u own nomortgage huh u paid for it with all cash no loan huh? U create great 6-7 figs a yr through your bussines and job contract tasks transactions huh?
@@coolkiddwightps3-hoopsetc561 Why is this concept so hard for you to grasp? I paid off my home in 10 years and have enjoyed the benefit of no mortgage for a while. It’s not that hard to do if you’re fiscally disciplined and responsible.
I'm in Washington state. We pay about $68 for insurance and $50 on tax. We have 3 cars, and we pay about $130 to insure them through a milage based insurer. I have a rental, and even that is only about $100 a month for insurance. We may get summer a little later than the rest of the country, but at least I can afford to fly someplace warm if I need to (and often!)
Citizens is Government Insurance just like ObamaCare. Its amazing people that hated Government Welfare Health Insurance will gladly sign up for Government Welfare Flood Insurance.
Citizens is state run insurance, Obamacare is Federal, so not exactly the same. Also, citizens doesn’t provide any flood insurance, almost every one who has flood insurance in Florida (and across the country) has a plan managed by FEMA, you guessed it, the government.
You're right I know how to fix my roof my house anything on it and it or around. Done it before do it again if you can't pull yourself up by your own bootstraps you need to leave.
When we moved back to florida in 2005 our insurance was less than $400 a year. When we sold our home in 2023 it had increased to over $10,000 a year. I blame the RussiaPublicans and their boy DeathSantis.
1:00 they are pulling out because of the lawsuits. Rolls eyes. Bastards just want to collect money and not pay out a single dime. Every single insurance company in Florida has ridiculous named stormed deductibles, does not cover flood and if there is both flood and wind damage, does not want to pay out for the damage caused by the wind. And so people sue because after paying for flood insurance and home insurance and paying $6500 for hurricane/named stormed deductible... insurance company still does not want to pay and if they do.... they will literally undermine everything. In 2012 or so, I had upstairs bathroom water supply line rupture and flood first floor of house and leave giant hole in ceiling. They wanted to put $0.30 laminate as replacement for my $0.87 laminate that I had receipts for. I fought them for like 5 months on literally every single thing. They wanted to give me 1/3rd of what the damages actually were. After 5 months we settled on 50%. I say sue every single stinking one of them into oblivion.
How are they going to collect money if they stop doing business in the state? Of course you are going to have a deductible. Billboard lawyers and corrupt roofing companies are responsible for a big part of this mess. They have changed the laws so we will see how things go.
This is where our premium goes, "CEOs of large insurance companies receive tens of millions in salary, bonuses and compensation, as reported by the Wall Street Journal in 2021. For example, Chubbs CEO Michael Neidorff earned $24,956,777 in total compensation. Other CEOs leading the pack included CVS/Aetna CEO Larry Merlo and Aflac CEO David Amos annually earning $23,043,822 and $22,613,727, respectively." It is time to tie their salaries and bonuses to how well their insured gets what they pay for.
No one seems to care about rising housing costs. My rent went up 10% this year and 30% last year, that's while paying double food and electric and everything else. These costs effect everyone as more rent increases will follow.
Storm proof? These folkks Citizen had me install impact doors and PGT windows and my isnuramce still went from $3300 to $5000. My mortgage is now close to 2k a month. The only option to get out of this mess is to pay off the home. Which is not possible for most home owners.
The insurance companies in Florida are going bankrupt. Which is why all the big companies are leaving and the small ones are out of business. Citizens insurance is actually the state of Florida. The insurer of last resort.
There's nothing to worry about Ronnie and the boys in Tallahassee are helping the insurance companies get through this troubling time. Yes: that is Sarcasm for those who couldn't tell.
A huge part of why this is happening is insurance fraud. So many BS lawsuits have been filed in the past that most companies bolted. So now we all pay the price. I saw ALL my neighbors inflate their damages after Irma, they all got new roofs and they all got dropped by their insurance carriers and now have citizens paying 3 and 4 times what they were paying before. Let them pay now, unfortunately a lot of decent people are getting hurt as well.
Yes, unfortunately, insurance fraud is a very serious problem, and plays a big part in the current Insurance disaster we Florida citizens are now suffering for. But as I said before, the Governor, and the Legislature could have fixed this problem years ago, by writing smart, common-sense laws, sitting down with Insurance companies, law firms, public adjusters, bankers, regulators, climate and environmental experts, and intelligently work together to produce sane, fiscally sound insurance and hazard risk policies that spread the highest costs to people who live in the riskiest locations, near the water and flood zones, and end the practice of everyone else subsidizing these high risk properties. But even that is not enough, because of our ever changing climate and weather patterns, just about ALL of Florida will eventually become one huge hazard and risk of storms that are getting stronger and more frequent. If something is not done soon, most of Florida will be under water in a couple of decades.
Yes, it is absurd. After the last hurricane hit FL. 7-9 Insurance companies went bankrupt (just to open a new business later under a different name). That caused homeowners insurance rate to at least double in most places in FL. People will soon be driven out of FL for not being able to afford insurance. If you have a mortgage, that is not even an option (not having insurance).
I was lucky to get out of Citizens about 10 years ago. Its a terrible company to be involved with. I will never do business with them ever again. I feel bad for those that are stuck with Citizens. The Florida gov't needs to fix the insurance problem Floridians face every year. Its appalling they allow this to go on.
umm.. it's your state that's the problem, too many homes in natural disaster location (majority of the state). You can't make a business take on bad bets, there's nothing to fix.
A more prudent approach would be to create hurricane premium policy options for high risk and high expense items. Base on an every 5-7 years recovery replacement cost cycle. High risk options would include; tile roofs (highest cost), shingle roofs and pool cages (maintained & unmaintained).
Florida: Land of hurricanes, floods, sinkholes, swamps, alligators, sweltering heat, humidity, unaffordable insurance, banned books, and a spectacularly brilliant governor who picks a major fight with Disney, the state's biggest employer, just because they had a differing opinion than himself. NO THANKS! I'll stay in the wonderful green mountain state of Vermont where we have four seasons, awesome mountains with clean streams, fresh air, and beautiful natural wildlife.
been to vermont-love it. my parents called it God's county-i believe it. it's beautiful. I live up north in michigan, the closest I can get to nature. love it here too.
As a Floridian yes to many issues here. But I will remind you that the deer tick and lyme disease has ruined a big attraction of Vermont and NEngland. We lived in stunning woodsy central Maine for 3 years and so yes I do know what I am talking about. We have two neighbors total granola who left Vermont because of the ticks. Taking a nice hike in the woods has been greatly ruined by the rampant tick problem. Unfortunate but true.
@@tjsullivan4793 Fortunately, I don't see the tick problem that you speak of (perhaps it is regional). In any case, I much rather be bitten by a tick than an alligator. I strongly suspect that others might agree.
@@PeterHonig. In one sense I am happy for you that you have not personally experienced the tick problem but I assure you if are walking thru the woods of Vermont they are there guaranteed. Maybe you are unaware that a deer tick is often the size of a poppy seed. I have known a handful of people treated for Lyme disease all living in NE. On another note people have this funny misinformed notion of FL. I have spent 34 years living in Fl and literally have seen 1 alligator in a canal. They are definitely here but I assure you have to go looking for them in the Everglades to see them. It is pretty simple don't swim in the lakes or canals in Fl and and you will never encounter an alligator. Your chance of contracting Lyme or other tick born disease in astronomically higher than being bitten by an alligator. Again we loved Maine and it is obvious you love Vermont so I wish you the best!
I think people are too passive. The politicians are just too relaxed doing nothing to protect the people that elect them. It's time for a mass lay-off of career politicians.
And just how will that help the insurance situation? If thousands of houses are destroyed in a hurricane, how do you think they are going to be rebuilt??
Best solution is just sell your house and move to a different state ! The same size house the same everything that she has can move to all sorts of different states and the insurance would be like $1,000 it's stupid to stay in Florida for what pay big money and get bit by mosquitoes doesn't sound worth it to me !
@@eldebtor6973 Portland's retail is closing up shop due to all the theft and no legal consequences for the thieves. Portland would be the last place I would move to.
Perhaps your state government should be more concerned about insurance costs for home owners than being about “ where woke goes to die” South Carolina and Georgia are nice Pittsburgh,PA has affordable housing , great health care, institutions of higher learning and many social and cultural activities.
The fact of the matter is regardless what social issues politicians use to get votes FL is one of the best states for business owners, high income earners, and generally people who have money.
@@fenian123 That's very true. Which is why if the 2nd home buyers drop out of the market the FL housing market will collapse. The real FL residents can no longer afford their own state
@@mg-by7uu Nah. Y’all are suffering in so many areas. Thursday or Friday they kicked over 250k people off of Medicaid….including a 7 year old with cancer and a two year old in a full body cast. What is happening in Florida is atrocious. Someone wrote “The cruelty is the point.” Florida is a living example.
A friend bought a house in fl and was just told his insurance would cost $12k a year He said he needed the binder to close on the house and then cancel the coverage since he won’t have a mortgage Why would anyone want to buy homes in Florida
Most of the people who moved to Florida with plans to buy, never did the research or had no idea of the issues they have there with all the weird insurance and absurd property taxes. Lots are having to rethink the plan to stay there and are looking to either go back where they came from or move somewhere else with less issues. FL is NOT what people think. It’s literally a money pit.
@@jcc9549 my friend has had a second home (high-rise condo) in Florida for years and the fees are outrageous. But he figures he is rich enough to rebuild himself if something were to happen. Not a risk I would ever take on. He even has a pool. Can you imagine the exposure…
@@nicholaslayton6199 Do you live in Florida? Unless you do then don't give me this " well you should live here or there" not interested in what California's governor is doing or not. Interested in lowering my state's homeowners insurance, car insurance, affordable housing. Not crt or defeating wokeness. Do you libe in California btw?
@@nicholaslayton6199I live in California and my insurance is cheaper, my property taxes are cheaper,,,, the governor is doing a fine job…. He doesn’t spend his time going after businesses that disagree with his policies..
They should stop complaining. You live in an area with super high risk of facing disaster after disaster. You should be content that there is still insurance company that is willing to insure your property!
Sounds like the increase in home prices has made insurance companies increase dwelling coverages or rethink coverage altogether in Florida. Property taxes are also jumping when the home is reassessed when sold to the next guy.
I was paying $786 a year for homeowners insurance. Once we were dropped in forced to go to citizens it was $2500 a year which is way too much. They are price gouging people because they can because there’s no other option for people.
Do you think the C-Suite and executives are quietly paying themselves exorbitant salaries with bonus. Pay themselves first then put Citizens into bankruptcy having the Florida public to pay twice to bail them out. You know-the banks do it.
You have a governor that spends his time fighting with a mouse, burning books, and running for president instead paying attention to the residents of Florida.
How in the hell are people supposed to survive when our government is allowing unbridled greed from corporations? I’m so f’ing sick of it. I guess I won’t complain about my $1400 a year policy on my 4bd/4ba 3000sq ft house.
yes, but alot of it is land value which is not affcted by a storm. It costs just as much to rebuild per square footage a house/structure in a high appreciation area vs low appreciation area.
It's not just that. The actual rates are double to triple other parts of the country. Here in SoCal, I pay about 0.33% of my home's value to insure it. Same priced home in St. Augustine, FL was 0.83%--a 250% higher rate.
Well yeah, $1 million in NYC gets you a modestly-sized cardboard box in the subway tunnels. Replacing that won’t be too much for the insurance company.
Ive always said this and still do: florida isn't environmentally compatible for infrastructure of this scale. The only kind of homes that are sufficient for florida are motorhomes and campers. Because at least they can evade the storms that repeatedly destroy the current infrastructural model.
I live in Texas and my homeowner's insurance went thru the roof this year....like 40%, with much worse coverage. I checked with multiple companies and all were within a narrow range. Isn't that odd? We all pay for those who make claims.
This is just one of the ways that they are going to make it too expensive to try to own a home that will generally take 30 years to accomplish! Home ownership will end one way or another!
Now I get it! This is how they will assure that we no longer own anything. Stop insuring it. We won’t have the cash to do repairs after a catastrophe and sell it cheaply to someone with the money who will fix it and rent it for 1000% more than it’s worth.
Citizens is funded by the State of Florida. In 2020, its revenue was $2.7B. It's not run correctly though, because it is run as a non profit corporation, which means it MUST spend all its revenue to make sure there's no profit. It's stupid. Taxpayers should put money into a federal insurance program in which the money cannot be put into anything risky and used when disasters like hurricanes, tornadoes, wildfires occur. Regular private insurance should be used otherwise like for arson. It also cannot be used for other programs.
A partial federal insurance like that already exists. It's called flood insurance. And it's way underpriced and underfunded. But why should I, as taxpayer in NY, have to pay into a federal insurance fund so that people can build houses in risky places in Florida? The problem is that there are too many hurricanes and rain storms in Florida causing damage. If you want to live in Florida, especially on/near the coast, go ahead but you will need to bear the cost when your house is damaged from a hurricane, either by fixing your house with your own money, or pay expensive insurance premiums. The insurance market is based on risk calculations: more risk, more expensive. The Florida state could create their own insurance fund in this regard, but that would mean raising taxes. They will never do that, so at each disaster they'll come running to Washington to hold up their hand.
@@robert4travel yes, Florida should create it's own CAT fund or whatever you want to call it. taxpayers and insurance companies both would pay into it, and it would be used for repairs and cleanup from major storm damage, ( providing you can still get migrant labor to do the work ), this would shift most of the risk away into this fund, and let the homeowner insurance companies only have to provide fire, burglary, theft, and traditional risks and losses. Then, pass a law that mandates, because of this new CAT fund, and because your risks have now been reduced, now new universal premiums will be created by the state dictating the limit of premiums can cost, and how much they can increase.
People thought they were moving to paradise and now they can't even afford to pay for home insurance. It's a financial nightmare.
ESG/DEI at work! Punish anyone who dared to leave the leftist controlled blue states.
I feel like its been obvious for a while Florida is a risky environment for a home. Its not like hurricanes suddenly started in 2023.
dayum im really scared about the crime rates as well, portland already closed all the shop coz of the crime
I bet she had a nice place in Virginia but she was suckered into the trend of moving to Florida. It’s cheaper to just vacation or snowbird.
High price for paradise
My parents sold their home in Cape Coral in 2019 - smartest thing they ever could have done!
Where did they relocate to?
Top ticked it ! Almost ! Great sel
not really if they wouldve waited a couple yrs the value of that home couldve doubled/tripled
Value of the home might be great but who is going to buy it with these insurance rates?
Perfect timing
One has to be nuts to buy a house in Florida. This is going to make homes hard to sell.
I wouldn’t buy, sell or rent there. This is scary.
3000 people a day move to Florida. Homes sell in a matter of days.
@@TheSoloAsylum in a matter a time, they'll realize what a big mistake they made
@@VINCI52 then the next generation will buy the homes. Its a revolving door.
@@TheSoloAsylum are those 3000 people paying cash or just like the other 90% of the population who do zero research before signing a contract.
The main problem is Florida makes more claims on there insurance then all other states COMBINED.
😂...doubt that. Boner star. I will raise you the fact that California alone can equal the insurance claims.
You are not bright in any capacity of the word.
Your tucked clothing is smothering your brain.
You know who are the main culprits behind that fraud. Hint: they're based in Miami.
You understand what hurricanes do, right? As one insurance agent told me "FL is the state with the big 'kick me!' sign out in the middle of the Atlantic Ocean." she wasn't kidding.
Right, built on a swamp in the path of many major storms. Why do people scratch their sweaty heads wondering why insurance is so high there?
Actually, with regards to claims, it's FL, CA and TX combined, not just FL alone (although, FL is #1). I retired from a nationwide insurance company, and FL/TX have much higher rates than CA, because CA put caps (for years) on what insurance companies could charge in premium's. However, that's now backfired, since 2 of the 4 largest home insurance companies in CA have closed up shop, Allstate and State Farm, because they know that the next disaster in CA could put their companies in an extremely bad situation, if not bankruptcy. The woman who bought her home in FL, in 2018, is the one that's completely ridiculous. Why would you buy a house, in a state that's been known, for decades, because of it's high disaster insurance claims, and not expect that the premium's were going to skyrocket? I remember thousands of customers, over the years, telling me that they would never, ever, live where it snowed. Hopefully, they still really love the weather, because they're going to pay through the nose for it, or end up selling their homes, because they can't afford it. Imagine trying to sell a home, where the yearly taxes and insurance on it, could easily cost more than the mortgage, and that's without the cost of flood insurance (most homeowner policies exclude flood), which is even more expensive than homeowner's insurance.
And they won't even be able to sell their properties because future and potential buyers will realize that the property cannot effectively be insured.
Much of Florida just basically became worthless.
Oh there are always buyers. It just needs to be priced right. I wouldn't mind a $50k beachfront myself.
lol😂
This is so true.
The exact opposite if what you said is what's happening. I can sell my home for asking price or more, today. This is happening because of the flood of northern people pouring into our state currently at 3000 a day.
@@TheSoloAsylum Ummm… Get out while you can.
That means property values will drop and be harder to get home loans in Florida. Lenders are not going to want to lend on properties that are harder to insure.
He would do this to America. This is a full no.
@@oliviapopeofallthingsyoutu5505 I think Americans are lead to believe that the US is this utopia and it’s so far from it. The US is about capitalism. The wealthiest man almost always wins. That explains why the healthcare, education, housing, justice system and corporations get what they want. Many want all these freedoms but it goes both ways. The US has no regulations when it comes to corporations and Americans are to blame. You want all these freedoms but want to tell insurance companies what they can and can’t do. It’s a supply and demand. Any corporation has a right to deny or accept your business. Any corporation has a right to charge what they deem appropriate. Just like you have a right to purchase a home for more or less than the asking price and lenders have a right to approve or deny you a loan. That IS exactly what American is and always has been about.
Carolina’s are a great state to live in
You have zero clue what your talking about he is fighting them hard problem is federal laws that date back to the depression you need to educate yourself befor saying such dumb things
No they won't, Insurance is a scam in the first place.
"This isn't the United States. It's Florida" best quote I've heard describing that place.
Facts 😂
Senators laughing as rents soar! Homeless grows and wave stagnation continues!
Of course they are laughing. They all literally work for the devil.
It's not just the senators. I emailed both Kathy Castor & the governor about it and neither of them replied. Tampa mayor said she didn't want to 'deter' investors.. it's all big money for local gov.
@@PonyGirl004 Hes too busy running for president and going after the woke, you now the things you guys really care about.
Governor De Sanctimonious strikes again
Soylent Green factories await your cracker order!!😮
Problem doesn’t just end there with homeowners insurance. U2 need to cover how bad auto insurance is going up and the amount of companies pulling out. And then when you need them, are they really paying what you’re paying for. Things have just gotten worse on so many levels.
one would be amazed at how much money a household spends annually on automobile related expenses: 🤔 Gas, tires, maintenance, insurance, license plate taxes, parking and garage, car wash, and maybe you even have to make a car loan payment or lease payment each month on top of all those. 🤑 Makes me wonder how many uber/lift/taxi/bus rides that would get me each year. 🚕
@@GrayBear420 don't forget vehicle registration renewal fees, and if you live in CA you get to pay smog fees.
@@GrayBear420 As a self-employed man I decided to lose my van when I was forty. I realized
I was spending half of my life working to pay for driving one. My life changed for the better,
as far as getting more into humanity than pavement. I also lost weight and stayed healthy.
@@Avendale lol You forgot the emissions, towing, tolls, red light/ speeding cams fees, and detailing supplies? Oh' don't forget the new pending miles driven fees, states / city's will be implementing? I'm starting to think those motor scooters don't seems so bad now? And if one does what Gray Bear said, all of the ride folks want more money too! Government buses also. Everyone wants higher wages.
Insurance is nothing more than a Ponzi scheme??? You put money in it thinking you’re COVERED??? Come to find out the money you THOUGHT COVERING YOU is not their sad 😢
This is what people should be protesting.. THIS is what is unfair and a nightmare in Florida. We have our anger at the wrong people and wrong places
Free market capitalism. Start your own insurance company if you have a problem with it. Fair warning - every single one of your clients is going to sue you lol have fun
@@ishimoto1597 Says who, a millionaire. You are damn right we have a problem and a serious one, looking more like socialism to me, beginning with the current extremely corrupt government that we have, pushing their agendas right in our faces and doing what ever they damn please without it's citizens consent.
"About 9% of homeowner property claims nationwide are filed in Florida, yet 79% of lawsuits related to property claims are filed there."
@@magnumxlpi You know why there are so many claims in Florida because of the Hurricanes, now, Louisiana has had several hurricanes and insurance rates have increased slightly, I know, my brother lives in New Orleans. One problem that Florida has been facing in the past several years is the amount of people moving into the state, more people, more construction, means eventually more damage to cover do the hurricanes. You also need to understand that Florida is a peninsula, that is prone to absorb the flow of hurricanes, with huge amounts of ocean front properties that raises red flags.
@@ishimoto1597 We don’t have a free market system buddy. There’s lots of regulations to protect consumers. Insurance is a necessity.
Best thing I ever did was sell my FL home and leave the state. Miserable cesspool.
@@jackkona1 I’d talk about yours but like Florida it’s a cesspool.
Agreed!
where did you go?
Planning to sell mine before the end of the year.. Florida is a cesspool and even worse a right wing fascist cesspool
The place has always been a cesspool what's new?
We've had double digit increases in EVERYTHING. Coporations are struggling and we need to pull ouselves up by the bootstraps so the CEOs can get their second mega yachts.
Exactly!!!
F yeah go Ron Desatan Florida love you 😅
This goes with any company they are filling their pockets the oil companies big pharma companies retail stores CEO CFO COO it is a joke the the Government sends well over 500 billion of our tax money overseas in the past 10 years.
California 2.0- homelessness will increase followed by crime rate
I agree with what you're saying to a certain extent; however, large corporations are not struggling. They're realizing record profits, which they're using to buy back stocks to enrich shareholders and to pay million dollar bonuses to executives. All this while they claim it's due to "inflation", and while they pay their employees non-livable wages.
This is the reason I see so many Florida license plates driving in NC
All sorts of plates here in NC ..it’s Annoying
NC is a great state
I live in Alabama and I don't even see any tags. We can't afford tags
and ATL
I live in Florida and their are tons of out of state tags. You would not believe how long it takes me to get to the other side of my town due to congestion. I pray all these people would go back home soon. It’s becoming unbearable.
The dog seems remarkably calm; apparently he's completely unbothered by it all.
Hey it's not coming out of his pocket.
@@swissmiss-rj4pq Could reduce the food and toy budget so his equanimity is still admirable.
😂😂😂
Dog is in shock...motionless...no more Milkbones..
@@amgooder He is showing clear signs of denial. (LOL)
Florida needs a complete overhaul on homeowners insurance. And stop rebuilding along the hurricane shoreline.
Which shoreline is that lol
We don't need insurance companies, Instead, we need to pool our resources and eliminate intermediaries who seek to generate profits. The rationale behind their existence and how it benefits us remains unclear. By having every Floridian contribute to the state pool, the state would accumulate nearly 6 trillion dollars per year to distribute to individuals in the event of a natural calamity. In this scenario, claims cannot be denied as there is no involvement of profit-driven insurance entities.
@@fishingexplorers6076 All of them.
Don't know what people expect, it's literally a peninsula surrounded by warm water during hurricane season.
Also Florida is sinkhole country, most of the ground is limestone, which forms caves. And they're barely above sea level.
florida hurricane zones need to stop wasting resources. just move
@@RedLineShortFilms Nice idea but it would never float in Fla. You are suggesting that people pool their money to help one another with the state government contributing and overseeing the program. This would work perfectly. However you are overlooking one important fact. The idea you are promoting is plain and simple socialism or maybe even closer to communism. And if there is one thing Floridians HATE it's socialism. Even though it would benefit every homeowner or renter in the state and bring down their cost, the first redneck that yelled socialism would completely kill the program. Nice try though.
Insurance has been a scam for some time.
And what do you propose as an alternative? If you don’t on your house or car, the people you owe money to require insurance so you can pay them.
@@Wisepati Stop paying 50% or more of bill to insurance but instead of to the loan. Cut the duration of the loan in more than half, but this in turn mean less profit for the bank. If I don't put it on my car, I'll go to jail regardless of if I own my car or not. (and I do)
Right. And try to get by without it if you're a working class or middle class American in a high risk zone. Rutsa ruck.
@@jannibal9273 I am and will never be more than lower middle class.
Yep!
Hey guys, how are you doing with your investments? I know the market has been crazy lately.
@caseymuller3480 That's too bad. I'm doing okay, but I'm not very confident about my portfolio. I feel like I need some professional advice.
@@malcolmdoyle5385 Really? What do they do?
@@abircocci8157 They offer investment advice and help me with my investment goals, building my portfolio and also retirement planning. They are very professional and knowledgeable, and they tailor their services to my needs and preferences.
@Casey Muller well, easy i found them online.
@@malcolmdoyle5385 Wow, that sounds very promising. Do you mind sharing their contact with us?
Glad to see the governor is working on this problem…… O he’s not you say? 😢
Aren't you the person who is bragging to your neighbor how valuable your house is now? Now you don't want to pay more to insure that valuable house your so proud of? Why should your rates stay the same when the value has tripled and the cost to repair it has tripled? Haha, ok.
@@hellometro7915 The houses are over valued, started in 1999 after the first major hurricane. I figured the state wanted more property tax revenue to pay repair cost of natural disasters. The hurricanes keep getting worst as do insurance rates.
Why do morons think governors wave a magic wand and are responsible for all policies and can control the weather.
And so, new developers still building wooden houses besides the hurricanes and floods risk and so foolish people overpaid for them 😅
The governors are all the same. The county next to mine had fires and the insurance companies are leaving the state but my governor thinks he is a King. He wants to change the federal constitution by adding a 28th amendment. The homeless are sleeping everywhere from the policies he created. Stop being so one sided.
Not just home owners insurance is going up (all over the states) car insurance has doubled even with a perfect driving record.
What is/are the reason(s) for the increase? Car theft? Vandalism? Tons of accidents because of lousy drivers?
@@jannibal9273 1. both new and used cars have become more expensive. 2. alot more careless, road rage and impatient drivers. Theft and vandalism has also increased.
Yes its crazy... its because of bad drivers.. I walk or use my bik to get around.. I live in a spot that's near everything I need so I don't drive much but its still to much form insurance...
The insurance on both of my cars has increased for no reason. I have an excellent driving record and yet my premiums keep going up when they should be decreasing.
Yeah. My mother has a perfect driving record and lives in Oregon. Her insurance just went up another $140. She was told by her agent it's because of Florida. What???? Why is everyone else's car insurance going up because of the dumbassess in Florida?
The insurance situation in Florida is untenable
Untenable is a big word for high school graduates
Florida has a ranking system for flood insurance. The closer you are to the coast (the most desirable areas where people want to retire to) A rating is areas most prone to flooding) then B, C. etc. Our family condo is next to the gulf, so we are in the high risk zone. Beautiful area, but maybe not affordable anymore.
@@UncleFjester I'm not sure you understand what it means.
Their governor suck.
It must get better! I will never leave Florida.
My home owners insurance went from about $4400 to $7800. Next month will make 2 years since my husband and I bought this home. We called about 8 insurances and no one wanted to work with us. I called Citizens and the quote was a little bit less than the $7800. Main reason for this is because the agent said our roof was redone in 2014 and the inspection didn’t indicate if it’s held down by straps. Also they said our home is old (built 1979)
Idk man as a new homeowner I’m trying to figure out all this stuff. I feel like an idiot.
Anyway something told me to keep searching for a better insurance company. Ended up with USAA. Got us down to almost what we were paying initially when we bought the house.
I didn’t want to move to FL, my husband did so I agreed. I wanted to go to one of the Carolinas or GA. FL is beautiful but I never imagined having to pay such high rates. My best friend just bought a house in CT last month and her home owners insurance is $1450!!!
Mines $1,300, just got my renewal notice, first year I'm paying it without a mortgage.
@@michaelkeudel8770 Congratulations on paying off your mortgage!!!!🍾🥂🎉🎊
@@michaelkeudel8770 that’s great! Congrats! It’s a dream of mine to get my house paid off in half the time or less.
@Janae Jones took a lot longer than I wanted, but so happy to be there. Saved 5 figures in the last 5 months, after buying a complete replacement stereo for the jeep, new living room couch, basement couch, arcade cabinet, bunch of crap on my replace list. Got $250 on a credit card now since they sent me a use it or lose it email.
Mine went up with framers insurance 20 percent this year . So i pay 1500 per year. Of course my central Florida house value went up a lot so my replacement cost when up ..also i have only a 500 dollars deductible for hurricane and non hurricane damages. In a couple of years i will start to shop a round to see if i can get a better deal. But for now i am ok with 1500 per year. It is alot less than my insurance on my previous north Dallas house.
Well at least your Governor is focused on ending “Woke”. That is clearly the most important issue facing day to day Citizens. 😮
Pedophilia and home insurance are 2 different subjects.
Try to stay on topic.
@@rnettles6241you’re uneducated
@@rnettles6241 He's talking about your Governor's priorities, not GOP congressional predilections.
@@rnettles6241
Too bad most of the pedophilia are coming from the GOP side, yeah….let’s stop “woke”, which nobody knows what “woke” is other than something they don’t like
😂😂😂
This is why I wonder why so many people decided to relocate to Florida. Didn't they pay attention to the lack of affordable home insurance, and a dearth of insurance companies? Go figure...
Because of a nice weather. Duh
@@bambinaforever1402 , The weather in Florida isn't so nice in July and August. It's blazing hot and humid. This is why we have "snowbirds" who live in Florida in the Winter months and travel up North to their other home in the summer time.
@@bambinaforever1402 hurricanes? Blazing heat? Evil governor? You couldn’t pay me to vacation in FL, much less move there.
@@beverlystewart1096 , couldnt agree more, best to stay away
@@bambinaforever1402 Excessive heat and humidity isn't "nice weather". It's sweat torture.
Just remember if a storm hits anywhere in Florida with Citizens they are going to bill you to help fix other places in Florida
All insurance campanies do that in Florida...even automobile insurers.
That's how insurance works.
Meanwhile…the Governor does not give a flying flip about anybody but himself. 😡
He’s too busy banning books .
He’d rather wage a loosing war against the company that brings millions of dollars of revenue to the state.
Ok groomera
@@netogrof , Now that the Supreme Court has basically gutted the EPA's regulatory authority over wetlands, agricultural companies in Florida will be dumping fertilizer-laden runoff into marshes and small non-navigable waterways; when those nutrients hit the ocean they will fuel blooms of red tide and toxic green cyanobacteria, and also help fuel the sargassum seaweed blooms. The beaches will become unusable and Florida will have no tourism industry left in 10 years.
@@netogrof and the number one employer
WOW...Human beings that see no problem moving to a state where all the Houses get blown away every 2 yrs.
I've been here 30 years!! No one's home has been blown away!!!! And I've been through 4 major hurricanes!
The average Floridian is as smart as a shoe
But it's sunny out?
Florida not building hurricane proof homes is finally catching up with them insurance companies are sick of being on the hook for their incompetence
us destroying the planet is finally catching up with us
@@eddycarpenter8989 then go save the planet and suck down some cow farts for us lmao
@@eddycarpenter8989 simple fact lot more people living near water, not a lot more hurricanes !
HAHAHA the US is one of the cleanest nations. Weather has been here forever. @@eddycarpenter8989
This is what my brother said to me that where I live taxes are high, but where he lives in Florida insurance is just as high as taxes here.
They need to not allow Insurance on Floodplains and on Mangrove Islands they cleared to build houses. Houses shouldn't have been built in those areas to begin with
I seriously question people willingly live in Florida.
I hear 2 years average and can't take it anymore.
@@brianmatthews4149 then they grace us with their "how we did things back in NY" comments when they move halfway back into the Carolinas.
State Farm and Allstate pulled out of California for homeowners insurance. Not sure how folks live there.
I'm Floridian, my homeowners insurance has only gone up a few dollars. I live inland so apparently others who are complaining live on the coastline. People with solar panels on their roofs their insurance went up
because they're easily damaged. Fraudulent claims,
hurricanes and tropical storms are really the cause of insurance hikes.
@@jdog22c34 cheap property taxes and no so humid weather like Florida 😅
There is NO state tax and NO city or village Tax. Be thankful of that in Florida. Here in NY we pay City State & Federal taxes. We also pay $10,000 a year on property taxes for a 4000 sq foot lot! And we pay on average $2800 per car for car insurance. We see the sun about 120 days a year tops and it’s still chilly on June 11th!
Goodness that is crazy. I’m glad I moved from PA to Raleigh NC. The one thing I don’t like is you have to pay property tax on your vehicle.
I am in upstate new york my car ins is 924 a year full coverage, much prettier then florida....nature everywhere... yes state taxe suck and my rent is decent! plus utilities covered....
@@christinarandle6440 Shhhhhh. Don’t let the politicians in Albany hear you…..
@@christinarandle6440 upstate NY is a sad sad place. There’s a reason it’s scarcely populated. Enjoy the gloomy weather 75% of the year
@@stavroslask1292 Upstate is gorgeous, be it the Champlain Vallery, Adirondacks, Finger Lakes Region. People hardly seem sad hereabouts, they're too busy out enjoying nature. Thanks, we'll take the weather here. Florida is really the front line for climate change, as the whole insurance debacle is beginning to show.
On the plus side, FL has made it super easy to ban books about seahorses.
Not as easy as bringing 8 million gangbangers from west Africa and Venezuela
Don't worry Floridians, your governor will make sure none of those insurance companies are woke!
Don't worry.. our military will spend hundreds of millions to rename the bases so as not to offend anyone because that's a top priority right now... See what I did there?
No, what did you do?
@@ajones1825 at least renaming the bases doesn't do harm. This woke shit is both intentionally and unintentionally harmful with literally no benefit other than to PWNSUMNEWBS
Yes, And the guy doesn’t even know what it really means, he’s trying to turn it into an evil term when it isn’t, you do have to remember the opposite of woke is asleep, so guess where he sits
@@eattherich9215 meanwhile you'd call it sickening to see an adult man dance half clothed in front of kids but cheer on the same man if he was doing so as a drag queen. - But please do not bother replying to my post, you're much too busy seething with rage that rich people exist and you're not one of them.
Our governor turned a blind eye to this insurance issue and now finally attempted to do something about it, but the effects won't be seen for years to come.
What he did to "help' the homeowners: He signed into law a bill that will now make it harder to sue your insurance companies for claims and damages. Now there's a guy who really cares about the people who voted for him as Governor.
Citizens is owned by the government of Florida, and is a nonprofit. How can you expect a company to ensure you if they are not making at least enough money to cover their expenses? Not sure what he can do about it.
@Wisepati DeSatan should stop attacking Disney, gays, transgender people, public health officials, teachers, books, words, science, immigrants, anyone more compassionate, wise, and decent than he is, women's rights, civil rights, etc., and actually DO something that helps his constituents, his state, and the country at large.
@@mikequartucci9700This man allowed insurance companies to drop people a day before a major storm. How on the hell did this help anyone.
@@GoGreen1977You forgot his most major talking point WOKE. Attacking the WOKE agenda has hindered him from running the state.
Move to Florida and get the highest real estate prices in country. Get the highest car insurance in the country. Get the highest home owner insurance in the country. Get the highest toll roads prices in the country. Get the highest food prices in tue country. Those are just a few of the highest prices in the country.
And, when a major city gets hit by a major hurricane (which will happen) rates will double and tripple again.
Move up north and triple or quadruple your taxes.
When communities in Florida get torn up by hurricanes every few years, the rest of us shouldn't have to pay for it.
You aren't. Floridians do, though. NINE major insurers simply left the state last year. Most of those that remain will not write ANY policies for anyone near the coast or other bodies of water. Progressive canceled 90,000 homeowners policies after Ian--mine included 😞
@@PatriotTwin You lie, the feds bail it out again and again, we all pay for that massive swamp in the path of major storms. Time for Florida to be responsible for Florida and not the other 49 states.
If you don't live in Florida, then you aren't paying for it. Insurance and insurance rates are state specific and carriers have to ask for increases based on stated reasons and have it approved by the state government. People who live in parts of Central and North Florida who almost never have to deal with major hurricane damage may see their rates go up anyway, but not people in other states. If people in Indiana, Kansas or Virginia have their rates go up it's not because of anything that happened in Florida.
In a socialist environment the financial burdens are shifted according to desired policy objectives. Golden parachutes for some , a decline in life quality for so many others.. The moat is now financial control. .. .. or lack of enforcement for the white collar unethical aquisitions.
Somewhere , over the rainbow...
@@e.turduckeny630 Not true. When you have a hurricane in Florida the prices for everyone goes up because these company are not only operating in Florida, unless the other states specifically prohibit this type of action and the fact is that no state in the south does so we all pay.
14% is still cheaper than what my insurance company raised my rate, and I am not even in Florida. I am in the hurricane-proof, tornado-proof city of McAllen, Texas. I never filed a single claim, and yet it raised my rate by 20%. So, I cancel my policy and I am insuring myself and making that money myself.
Great thought. The nice thing is you are acting on it and not just saying it. Nice job.
You don't have mortgage?
You can do that if you are mortgage free.
Are you sure that McAllen is tornado-proof?
@John Meigs Do most people speak Spanish in McAllen? The houses there are unbelievably affordable.
It's not just cost home/property insurance...it's also automobile insurance rates. So many people don't have auto insurance either. Florida is NOT paradise, especially in the summer months with bugs, heat, and violent storms. Not to mention that most of Florida is karst topography, with a high risk of becoming sinkholes - which requires paying for an ADDITIONAL rider on the property insurance. Then you need a LOT of money if you hope to evacuate for major hurricanes. All of this in a tourist trap, minimum wage economy...
A friend of mine lives in an over 55 community in Florida and paid nearly $4,000 for contents and car insurance. There is a HOA which takes care of buildings' cover, but that must be going up too.
No wonder there’s only QANON and old angry racists left in Florida
Imagine living in an environmentally unsafe place and expecting insurance, who loves to mitigate risk, to give you a low rate. They can't. They already said multiple insurance companies went under in Florida.
The hurricanes aren’t why insurance companies are leaving Florida. It’s the lawsuits and the laws about roof replacements in Florida. If a couple of shingles are damaged by a storm people have been getting their entire 20 year old roof replaced for “free” by their insurance companies. And when insurance companies try to object roofing companies tell homeowners to file lawsuits. That is what is chasing insurance companies out of Florida.
LOL, of course it is going up, Ron worked hard to make that happen and now he has it.
In all Reality if you're living in areas surrounded by Water you should expect massive increases on insurance as the weather seems to be getting more volatile each year
True. 🤔🤨😉😀
The weather is not getting more volatile ! Just the simple fact a lot more people live near water and when there’s a storm the insurance companies are paying out a lot more
People take out second mortgages to keep up with the Jones’s and constantly remodeling. Pay off your home and then it’s your choice wether you want to pay such high insurance rates
u own nomortgage huh u paid for it with all cash no loan huh? U create great 6-7 figs a yr through your bussines and job contract tasks transactions huh?
A liability policy is 480 a year.
@@coolkiddwightps3-hoopsetc561 don’t care!
GET A BETTER JOB
@@coolkiddwightps3-hoopsetc561 Why is this concept so hard for you to grasp? I paid off my home in 10 years and have enjoyed the benefit of no mortgage for a while. It’s not that hard to do if you’re fiscally disciplined and responsible.
Watched a lady lose her house because she had to remodel , after she paid her house off
Homeowners and car insurances has been increasing all the states!
I'm in Phoenix, have a modest $300K home, my insurance and tax is $117. a month.
I'm in Washington state. We pay about $68 for insurance and $50 on tax. We have 3 cars, and we pay about $130 to insure them through a milage based insurer. I have a rental, and even that is only about $100 a month for insurance. We may get summer a little later than the rest of the country, but at least I can afford to fly someplace warm if I need to (and often!)
@@eckankar7756 is the $117 for home insurance or car insurance?
@@missdesireindependance5194 Home insurance and property tax.
Everything has doubled under these democrap traitors !!!!
Citizens is Government Insurance just like ObamaCare. Its amazing people that hated Government Welfare Health Insurance will gladly sign up for Government Welfare Flood Insurance.
WORD 🙌🏽
Citizens is state run insurance, Obamacare is Federal, so not exactly the same. Also, citizens doesn’t provide any flood insurance, almost every one who has flood insurance in Florida (and across the country) has a plan managed by FEMA, you guessed it, the government.
You're right I know how to fix my roof my house anything on it and it or around. Done it before do it again if you can't pull yourself up by your own bootstraps you need to leave.
😂Facts 😂
@@slrsouth64 You think you can pull yourself up by your bootstraps.....but in reality, you cant
I'm glad I don't live in FL on a modest income. My home insurance premium on my 5-bed Victorian house here in Liverpool, England is $250/yr.
Mine went to 5000 this year, I cancelled it and dropped to liability coverage.
Yeah, but you have to live with the ghosts of children murdered in 1800.
Sure, England may have low home insurance prices but I imagine your dental insurance is through the roof, guv'nor
Yeah that's because nobody wants to move to Liverpool.
where is liveroppol?
Florida will be the most expensive state to live in by 2026....Thanks, Ron!
Look at real estate prices, gas prices, electricity prices and the income tax rate in California. Thanks Gavin.
When we moved back to florida in 2005 our insurance was less than $400 a year. When we sold our home in 2023 it had increased to over $10,000 a year. I blame the RussiaPublicans and their boy DeathSantis.
@johnmeigs719 Spoken like a true RussiaPublican.
1:00 they are pulling out because of the lawsuits. Rolls eyes. Bastards just want to collect money and not pay out a single dime. Every single insurance company in Florida has ridiculous named stormed deductibles, does not cover flood and if there is both flood and wind damage, does not want to pay out for the damage caused by the wind. And so people sue because after paying for flood insurance and home insurance and paying $6500 for hurricane/named stormed deductible... insurance company still does not want to pay and if they do.... they will literally undermine everything.
In 2012 or so, I had upstairs bathroom water supply line rupture and flood first floor of house and leave giant hole in ceiling. They wanted to put $0.30 laminate as replacement for my $0.87 laminate that I had receipts for. I fought them for like 5 months on literally every single thing. They wanted to give me 1/3rd of what the damages actually were. After 5 months we settled on 50%.
I say sue every single stinking one of them into oblivion.
How are they going to collect money if they stop doing business in the state? Of course you are going to have a deductible. Billboard lawyers and corrupt roofing companies are responsible for a big part of this mess. They have changed the laws so we will see how things go.
They want the money, but when it's time for them to pay you have to fight for it
@@mikelarry3383 It's hard to run an insurance business in Florida when basically everybody is going to be cashing out due to weather disasters.
This is where our premium goes, "CEOs of large insurance companies receive tens of millions in salary, bonuses and compensation, as reported by the Wall Street Journal in 2021. For example, Chubbs CEO Michael Neidorff earned $24,956,777 in total compensation. Other CEOs leading the pack included CVS/Aetna CEO Larry Merlo and Aflac CEO David Amos annually earning $23,043,822 and $22,613,727, respectively." It is time to tie their salaries and bonuses to how well their insured gets what they pay for.
@@SL-pg4dh It's not hard to run an insurance business anywhere because it's literally a scam
No one seems to care about rising housing costs. My rent went up 10% this year and 30% last year, that's while paying double food and electric and everything else. These costs effect everyone as more rent increases will follow.
Yes, it's crazy. Those presidential elections have consequences! 😞
no one cared if landlords got paid for over 2 years over the pandemic.
@@PatriotTwin not a political issue. Its greed, plain and simple
What is the governor doing about this issue?
He's busy trying to shut down Disney, but drinking Bud and flying illegals to California. He's doing exactly what Floridians voted him in to do.
Going WOKE
Storm proof? These folkks Citizen had me install impact doors and PGT windows and my isnuramce still went from $3300 to $5000. My mortgage is now close to 2k a month. The only option to get out of this mess is to pay off the home. Which is not possible for most home owners.
Everyone should leave Florida while giving the Insurances companies the finger as they go bankrupt.
The insurance companies in Florida are going bankrupt. Which is why all the big companies are leaving and the small ones are out of business. Citizens insurance is actually the state of Florida. The insurer of last resort.
There's nothing to worry about Ronnie and the boys in Tallahassee are helping the insurance companies get through this troubling time. Yes: that is Sarcasm for those who couldn't tell.
Government’s plan to get rid of midlle class home owners.
And the government will use their taxes to do so.
LOL, sure.
I think you are on to something. 😉
Florida government's plan to get rid of middle and working class home/property owners.
A huge part of why this is happening is insurance fraud. So many BS lawsuits have been filed in the past that most companies bolted. So now we all pay the price. I saw ALL my neighbors inflate their damages after Irma, they all got new roofs and they all got dropped by their insurance carriers and now have citizens paying 3 and 4 times what they were paying before. Let them pay now, unfortunately a lot of decent people are getting hurt as well.
Yes, unfortunately, insurance fraud is a very serious problem, and plays a big part in the current Insurance disaster we Florida citizens are now suffering for. But as I said before, the Governor, and the Legislature could have fixed this problem years ago, by writing smart, common-sense laws, sitting down with Insurance companies, law firms, public adjusters, bankers, regulators, climate and environmental experts, and intelligently work together to produce sane, fiscally sound insurance and hazard risk policies that spread the highest costs to people who live in the riskiest locations, near the water and flood zones, and end the practice of everyone else subsidizing these high risk properties. But even that is not enough, because of our ever changing climate and weather patterns, just about ALL of Florida will eventually become one huge hazard and risk of storms that are getting stronger and more frequent. If something is not done soon, most of Florida will be under water in a couple of decades.
The temptation to defraud insurance companies must be high there.
@@garryferrington811Not really estimator assess the damage not the homeowner.
Does this lady think people have 100k in thier bank account to pay for a new roof, windows, and doors.
Probably cost more now since Florida scared off all the labor workers.
They can sell bodies
Get a better job
Yes, yes we do.
their not thier, now there you go and welcome to America
Yes, it is absurd. After the last hurricane hit FL. 7-9 Insurance companies went bankrupt (just to open a new business later under a different name). That caused homeowners insurance rate to at least double in most places in FL. People will soon be driven out of FL for not being able to afford insurance. If you have a mortgage, that is not even an option (not having insurance).
These companies ask for a government bailout after they fire their employees and deny fixing any damages.
I was lucky to get out of Citizens about 10 years ago. Its a terrible company to be involved with. I will never do business with them ever again. I feel bad for those that are stuck with Citizens. The Florida gov't needs to fix the insurance problem Floridians face every year. Its appalling they allow this to go on.
They cannot fix it, as the state government is ruby red now. It goes against their concept of free market and regulations.
umm.. it's your state that's the problem, too many homes in natural disaster location (majority of the state). You can't make a business take on bad bets, there's nothing to fix.
@@Frenchieeeee so insurance companies should not be in the insurance business then if they don’t like the claims.
Sorry! Governor is stuck battling woke 😂
@@PatricioGarcia1973 you realize that is exactly what is happening... insurance carriers are refusing to write business in the state of Florida.
Imagine if no one will insure homes in Florida, and then they get wiped out by a hurricane. Florida will become a ghost town.
DeSatan is breaking "Our Florida", why????
What a cute house!
A more prudent approach would be to create hurricane premium policy options for high risk and high expense items. Base on an every 5-7 years recovery replacement cost cycle. High risk options would include; tile roofs (highest cost), shingle roofs and pool cages (maintained & unmaintained).
Florida: Land of hurricanes, floods, sinkholes, swamps, alligators, sweltering heat, humidity, unaffordable insurance, banned books, and a spectacularly brilliant governor who picks a major fight with Disney, the state's biggest employer, just because they had a differing opinion than himself. NO THANKS! I'll stay in the wonderful green mountain state of Vermont where we have four seasons, awesome mountains with clean streams, fresh air, and beautiful natural wildlife.
been to vermont-love it. my parents called it God's county-i believe it. it's beautiful. I live up north in michigan, the closest I can get to nature. love it here too.
As a Floridian yes to many issues here. But I will remind you that the deer tick and lyme disease has ruined a big attraction of Vermont and NEngland. We lived in stunning woodsy central Maine for 3 years and so yes I do know what I am talking about. We have two neighbors total granola who left Vermont because of the ticks. Taking a nice hike in the woods has been greatly ruined by the rampant tick problem. Unfortunate but true.
I LOVE Vermont!
@@tjsullivan4793 Fortunately, I don't see the tick problem that you speak of (perhaps it is regional). In any case, I much rather be bitten by a tick than an alligator. I strongly suspect that others might agree.
@@PeterHonig. In one sense I am happy for you that you have not personally experienced the tick problem but I assure you if are walking thru the woods of Vermont they are there guaranteed. Maybe you are unaware that a deer tick is often the size of a poppy seed. I have known a handful of people treated for Lyme disease all living in NE. On another note people have this funny misinformed notion of FL. I have spent 34 years living in Fl and literally have seen 1 alligator in a canal. They are definitely here but I assure you have to go looking for them in the Everglades to see them. It is pretty simple don't swim in the lakes or canals in Fl and and you will never encounter an alligator. Your chance of contracting Lyme or other tick born disease in astronomically higher than being bitten by an alligator. Again we loved Maine and it is obvious you love Vermont so I wish you the best!
“Florida, where wok.. I mean your paychecks go to die cause insurance is insane” lol
“This is not the untied states this is Florida”.🤔🤣😂
At least drag queens and Disney are banned so it’s all worth it…right?
I think people are too passive. The politicians are just too relaxed doing nothing to protect the people that elect them.
It's time for a mass lay-off of career politicians.
And just how will that help the insurance situation? If thousands of houses are destroyed in a hurricane, how do you think they are going to be rebuilt??
They don't believe in government interference down there. That would make them "socialists."
Best solution is just sell your house and move to a different state ! The same size house the same everything that she has can move to all sorts of different states and the insurance would be like $1,000 it's stupid to stay in Florida for what pay big money and get bit by mosquitoes doesn't sound worth it to me !
Stand outside in Maine next summer evening and tell me that Florida has a lot of mosquitos
same thing happened here in Texas, we just got noticed that our Travelers HOI is going up 30%
Galveston?
Sooooooo , how is that homeownership dream going?
lol🤣🤣🤣
Insane price. Better move to a boring place where nothing bad ever happens....
Where is that? Those tornado's can find you, no matter where you live.
@@iworkout6912 portland oregon
@@eldebtor6973 Portland's retail is closing up shop due to all the theft and no legal consequences for the thieves. Portland would be the last place I would move to.
@@sissycarolina4863 ok move to beaverton
Car insurance too
Perhaps your state government should be more concerned about insurance costs for home owners than being about “ where woke goes to die”
South Carolina and Georgia are nice Pittsburgh,PA has affordable housing , great health care, institutions of higher learning and many social and cultural activities.
nothing is more important than stopping wokeism.
The fact of the matter is regardless what social issues politicians use to get votes FL is one of the best states for business owners, high income earners, and generally people who have money.
@@mg-by7uu But not for the very workers critical to Florida's economy, healthcare, tourism, agriculture etc
@@fenian123 That's very true. Which is why if the 2nd home buyers drop out of the market the FL housing market will collapse. The real FL residents can no longer afford their own state
@@mg-by7uu Nah. Y’all are suffering in so many areas. Thursday or Friday they kicked over 250k people off of Medicaid….including a 7 year old with cancer and a two year old in a full body cast. What is happening in Florida is atrocious.
Someone wrote “The cruelty is the point.” Florida is a living example.
Yeah, all those people moving to FL cause they have no state taxes are in for a shock
A friend bought a house in fl and was just told his insurance would cost $12k a year
He said he needed the binder to close on the house and then cancel the coverage since he won’t have a mortgage
Why would anyone want to buy homes in Florida
Most of the people who moved to Florida with plans to buy, never did the research or had no idea of the issues they have there with all the weird insurance and absurd property taxes. Lots are having to rethink the plan to stay there and are looking to either go back where they came from or move somewhere else with less issues. FL is NOT what people think. It’s literally a money pit.
@@jcc9549 my friend has had a second home (high-rise condo) in Florida for years and the fees are outrageous. But he figures he is rich enough to rebuild himself if something were to happen. Not a risk I would ever take on. He even has a pool. Can you imagine the exposure…
If only we had a governor that was interested in helping the people that voted for him. We asked for this.
You have by far the best governor in the country right now, if you think differently than go to California and see what it's like under Newsom
@nicholaslayton6199 really then why Floridians are getting fuck and he likes to waste Florida' money on Texas a state he didn't won
@@nicholaslayton6199 Do you live in Florida? Unless you do then don't give me this " well you should live here or there" not interested in what California's governor is doing or not. Interested in lowering my state's homeowners insurance, car insurance, affordable housing.
Not crt or defeating wokeness. Do you libe in California btw?
@@nicholaslayton6199I live in California and my insurance is cheaper, my property taxes are cheaper,,,, the governor is doing a fine job…. He doesn’t spend his time going after businesses that disagree with his policies..
@@nicholaslayton6199😂😂😂😂😂😂😂😂😂😂😂😂
They should stop complaining. You live in an area with super high risk of facing disaster after disaster. You should be content that there is still insurance company that is willing to insure your property!
Sounds like the increase in home prices has made insurance companies increase dwelling coverages or rethink coverage altogether in Florida. Property taxes are also jumping when the home is reassessed when sold to the next guy.
I was paying $786 a year for homeowners insurance. Once we were dropped in forced to go to citizens it was $2500 a year which is way too much. They are price gouging people because they can because there’s no other option for people.
move
Ouch.
Life is becoming unaffordable
Just move somewhere affordable
@@millirabbit4331 They make it so hard right
Yeah. It is. The working class is on its way to extinction. Only the rich will be able to afford to live.
and the worst thing is they continue to pay into a company that is INSOLVENT! its a FRAUD!
Do you think the C-Suite and executives are quietly paying themselves exorbitant salaries with bonus. Pay themselves first then put Citizens into bankruptcy having the Florida public to pay twice to bail them out. You know-the banks do it.
You have a governor that spends his time fighting with a mouse, burning books, and running for president instead paying attention to the residents of Florida.
How in the hell are people supposed to survive when our government is allowing unbridled greed from corporations? I’m so f’ing sick of it. I guess I won’t complain about my $1400 a year policy on my 4bd/4ba 3000sq ft house.
REPUGNikkkan Insurance Rates!!!
Thanks Wrong deSantos!!!!!
Greedy Insurance companies
Her home value quadruple, but she doesn’t know why her insurance double???
yes, but alot of it is land value which is not affcted by a storm. It costs just as much to rebuild per square footage a house/structure in a high appreciation area vs low appreciation area.
Yes...like winning a jackpot, stop while she's ahead, sell the house and get out of an area built on a swamp in the direct path of major storms.
It's not just that. The actual rates are double to triple other parts of the country. Here in SoCal, I pay about 0.33% of my home's value to insure it. Same priced home in St. Augustine, FL was 0.83%--a 250% higher rate.
Keep voting kkkonservative FLA you deserve it.
Squeezing the people out of their homes. Crazy.
This way, big investors can move into the Florida RE market, buy up these properties, and make a quick buck with the backing of the State Government.
Insurance is required but not governed and runs rampant. Where are the politicians with regulations??
You heard her this is not the united states it Florida 😮 a great ad to run against Desatanist
I have a million dollar home in nyc only pay$ 648 for home insurance
I also live in NY yeah our insurance is cheap but our property taxes are through the roof.
@@NateWaldron Property taxes in Florida are no joke either.
@@SL-pg4dh unless you're 55+
Well yeah, $1 million in NYC gets you a modestly-sized cardboard box in the subway tunnels. Replacing that won’t be too much for the insurance company.
Mine's $4Million and I self insure!
Ive always said this and still do: florida isn't environmentally compatible for infrastructure of this scale.
The only kind of homes that are sufficient for florida are motorhomes and campers. Because at least they can evade the storms that repeatedly destroy the current infrastructural model.
The best insurance is no insurance, fix it yourself
Or don't live in a place you know for sure will incapacitate your house when the next weather disaster strikes.
Hell yea!
I live in Texas and my homeowner's insurance went thru the roof this year....like 40%, with much worse coverage. I checked with multiple companies and all were within a narrow range. Isn't that odd? We all pay for those who make claims.
This is just one of the ways that they are going to make it too expensive to try to own a home that will generally take 30 years to accomplish! Home ownership will end one way or another!
Now I get it! This is how they will assure that we no longer own anything. Stop insuring it. We won’t have the cash to do repairs after a catastrophe and sell it cheaply to someone with the money who will fix it and rent it for 1000% more than it’s worth.
Yeah I would not move to Florida
If you can’t charge enough to make a profit after claims are paid, then why are you even in business?
Shareholders don’t do it for charity.
Citizens is funded by the State of Florida. In 2020, its revenue was $2.7B. It's not run correctly though, because it is run as a non profit corporation, which means it MUST spend all its revenue to make sure there's no profit. It's stupid.
Taxpayers should put money into a federal insurance program in which the money cannot be put into anything risky and used when disasters like hurricanes, tornadoes, wildfires occur. Regular private insurance should be used otherwise like for arson. It also cannot be used for other programs.
A partial federal insurance like that already exists. It's called flood insurance. And it's way underpriced and underfunded.
But why should I, as taxpayer in NY, have to pay into a federal insurance fund so that people can build houses in risky places in Florida? The problem is that there are too many hurricanes and rain storms in Florida causing damage. If you want to live in Florida, especially on/near the coast, go ahead but you will need to bear the cost when your house is damaged from a hurricane, either by fixing your house with your own money, or pay expensive insurance premiums. The insurance market is based on risk calculations: more risk, more expensive.
The Florida state could create their own insurance fund in this regard, but that would mean raising taxes. They will never do that, so at each disaster they'll come running to Washington to hold up their hand.
@@robert4travel yes, Florida should create it's own CAT fund or whatever you want to call it. taxpayers and insurance companies both would pay into it, and it would be used for repairs and cleanup from major storm damage, ( providing you can still get migrant labor to do the work ), this would shift most of the risk away into this fund, and let the homeowner insurance companies only have to provide fire, burglary, theft, and traditional risks and losses. Then, pass a law that mandates, because of this new CAT fund, and because your risks have now been reduced, now new universal premiums will be created by the state dictating the limit of premiums can cost, and how much they can increase.
Pay up or get out of Florida?