Lake View Too
SoWal Insider
I declare Florida officially over today.
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Florida Home Insurance
- Thread starter PoppaJ
- Start date
Bob Wells
Beach Fanatic
That article "almost" sounds like the insurance industry paid for it. As for an assessment, think my policy is already assessed money for Citizens.Prepare For A Hurricane Tax
The 'Hurricane Tax' Hitting Florida Alongside Idalia
Too many homeowners are relying on Florida's public insurer. That could create financial problems for the entire state.time.com
Matt J
SWGB
It is, but the ultimate backer to Citizens is the state. Maybe, just maybe we could take steps to actually fix our insurance problem rather than lip service?
PoppaJ
SoWal Insider
Matt J
SWGB
No Danger of Assessment: Florida Citizens Seeing Just 2,000 Claims from Idalia
Florida's Citizens Property Insurance Corp. has so far seen just about 2,000 claims from Hurricane Idalia, well below the threshold that would exhaust the
www.insurancejournal.com
Looks like we dodged a bullet.
With that said, I got a call from an insurance adjuster yesterday asking if I had any damage. I simply asked his company name again and informed him I was not in the path of the hurricane and never was. I called the AG's fraud hotline (866) 966-7226 and reported them.
Matt J
SWGB
Got a depopulation letter from Citizens today, my choice this time as it was more than 20% over what my Citizens premium is, they even have scary language talking about the possibility of a surcharge for large losses.
Citizens currently: $4,225.00
Offer from Slide: $20,087.00
Citizens cost with surcharge $6126.00
My cost saving range from a little under $16k to a little under $14k.
I know this is a form letter, but come on Florida we can do better.
Citizens currently: $4,225.00
Offer from Slide: $20,087.00
Citizens cost with surcharge $6126.00
My cost saving range from a little under $16k to a little under $14k.
I know this is a form letter, but come on Florida we can do better.
PoppaJ
SoWal Insider
Why don’t we just shift everyone in Florida to a nonprofit form of insurance?
It’s past time to take the profit out of some of life’s necessities.
Matt J
SWGB
Better yet, drop all the investment homes from Citizens.
bob bob
Beach Fanatic
I have a 25 year old metal roof, installed properly. It is considered a 100-year roof. I don't know about that but expect it to last my lifetime. My insurance agent said only one company would insure a home with a roof over 20 years old. My Insurance has gone from about $2500/year to now $8,000 a year.
Is stopping at 20 year roof simply a method of weeding out older homes?
Is stopping at 20 year roof simply a method of weeding out older homes?
Lake View Too
SoWal Insider
The 20 year roof is arbitrary and flies in the face of logic. My roof is a metal roof approaching 23 years old without any signs of corrosion or defects of any kind. None. They have already upped my payments 100% in 2 years. I can’t wait until next renewal season.