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Florida Home Insurance

PoppaJ avatar
PoppaJSoWal Insider
10,614 views1
Another one flees

AAA IS JOINING A GROWING LIST OF INSURERS TO ABANDON FLORIDA-BASED CUSTOMERS: ‘IT’S JUST AN UNTENABLE SITUATION’​


Replies

77
Matt J avatar
Matt JSWGB
#2
Another one flees

AAA IS JOINING A GROWING LIST OF INSURERS TO ABANDON FLORIDA-BASED CUSTOMERS: ‘IT’S JUST AN UNTENABLE SITUATION’​



Luckily we have a GOP led government that's dealing with anything but this crisis.
Lou DemanBeach Fanatic
#3
Luckily we have a GOP led government that's dealing with anything but this crisis.
And what would a democratic government do? Force them to stay? How?
Bob Wells avatar
Bob WellsBeach Fanatic
#4
And what would a democratic government do? Force them to stay? How?
See, I don't think the democrats could do any better. But at least they wouldn't blame it on the company being "woke". Expect many more rights to be limited next year to help draw insurance companies back. Remember when we could hire a contractor by assigning benefits and let them do the heavy lifting against insurance companies and people could get their houses fixed. I wonder if insurance companies doing the right thing would have cut down on litigation?

Edited

PoppaJ avatar
PoppaJSoWal InsiderAuthor
#5
And what would a democratic government do? Force them to stay? How?
Maybe do with auto/homeowners insurance what was done with flood insurance. We have already crossed that bridge in Florida with Citizens.
It’s past time for us to compete with the for profit insurance insurance industry.

Edited

PoppaJ avatar
PoppaJSoWal InsiderAuthor
#6
See, I don't think the democrats could do any better. But at least they wouldn't blame it on the company being "woke". Expect many more rights to be limited next year to help draw insurance companies back. Remember when we could hire a contractor by assigning benefits and let them do the heavy lifting against insurance companies.
It was simpler that way.
A lady we sold a condo to had water damage after living in it for a while. One of the contractors we recommended gave her a quote and she agreed to the price.
The insurance company sent her a check, but she refused to pay the contractor because she said the insurance company was supposed to pay him.
It took a while to convince her the check was for her to pay him since there is no way an insurance company would pay the contractor and also send her thousands of dollars.
Bob Wells avatar
Bob WellsBeach Fanatic
#8
It was simpler that way.
A lady we sold a condo to had water damage after living in it for a while. One of the contractors we recommended gave her a quote and she agreed to the price.
The insurance company sent her a check, but she refused to pay the contractor because she said the insurance company was supposed to pay him.
It took a while to convince her the check was for her to pay him since there is no way an insurance company would pay the contractor and also send her thousands of dollars.
Math happened😀
CeCe S avatar
CeCe SBeach Comber
#9
Wonder if this is another way to have people lose their homes. It's happening beyond FL, like CA(Dem state) and that governor is putting forth ridiculously mind blowing policies which isn't helping anyone... who knows what state/area is next. We had more storms yr after yr in NC and insurance companies never pulled out. It just seems like we should be digging deep. Gotta be wise too, especially against fraud which isn't helping things and has been a problem after every hurricane for years.
Bob Wells avatar
Bob WellsBeach Fanatic
#10
Wonder if this is another way to have people lose their homes. It's happening beyond FL, like CA(Dem state) and that governor is putting forth ridiculously mind blowing policies which isn't helping anyone... who knows what state/area is next. We had more storms yr after yr in NC and insurance companies never pulled out. It just seems like we should be digging deep. Gotta be wise too, especially against fraud which isn't helping things and has been a problem after every hurricane for years.
So it isn't about politics?
Lou DemanBeach Fanatic
#11
So it isn't about politics?
I think they were trying to show that it happens under both parties
The would remove politics from the equation
Just my take on the comment
Matt J avatar
Matt JSWGB
#12
So it isn't about politics?

It clearly is since they had to mention California is a generally Democratic state. What they didn't mention is that while insurance has temporarily stopped issuing in California they haven't left. Florida literally had to create it's own insurance company due to companies leaving the first time and now we're way worse off, but let's point a finger at another state experiencing temporary insurance woes. Maybe this is why the GOP in Florida or the country hasn't actually fixed a problem in decades.
Bob Wells avatar
Bob WellsBeach Fanatic
#13
Not to beat the horse, but the current Governor of North Carolina is a Democrat and the previous one was a Republican. Based on Florida's recent legislative endeavors I don't think it has worked. We have all kinds of promises from politicians who say it will take time, but if they believed that, then there should be no legislation next session dealing with insurance. We shall see.
mputnalBeach Fanatic
#14
I think they were trying to show that it happens under both parties
The would remove politics from the equation
Just my take on the comment
We Floridians should all be on the same side and demand our political candidates to do something about insurance and infrastructure. Everyone should ask themselves why we are not able to put serious issues above a political "side"...
Lou DemanBeach Fanatic
#15
We Floridians should all be on the same side and demand our political candidates to do something about insurance and infrastructure. Everyone should ask themselves why we are not able to put serious issues above a political "side"...
What could any politicians do about private companies deciding not to do business in a state?
Infrastructure is a whole different thing, this is under the states control

Neither of these have much to do with politics other then people just trying to take shots at leaders they don't like
Matt J avatar
Matt JSWGB
#16
What could any politicians do about private companies deciding not to do business in a state?
Infrastructure is a whole different thing, this is under the states control

Neither of these have much to do with politics other then people just trying to take shots at leaders they don't like

To answer your question:

mputnalBeach Fanatic
#17
What could any politicians do about private companies deciding not to do business in a state?
Infrastructure is a whole different thing, this is under the states control

Neither of these have much to do with politics other then people just trying to take shots at leaders they don't like
I think you are wrong but the truth is that we have gotten ourselves so divided that you might be right. If we the people of Florida were smart we would demand changes to a system that only works well for the wealthy...

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