Florida Home Buyers BLINDSIDED By TREMENDOUS Cost To Own

[Micky Mikey]

Insurance companies are aware of climate change even if Florida's government isn't. Florida is projected to get it HARD from climate change (more flooding and severe hurricanes). And these insurance companies are factoring it in.

 

[chineebai]

You gotta get insurance before closing so unless you literally did not research insurance prices then it shouldn’t be a surprise for new homeowners

 

[broller]

Brehs FL is trash. Like no joke. It’s just trash. My insurance went from 3k to 10k in 1 year. My neighbor insurance company cancelled his because a tree was too tall. They just decided to cancel. No notice nothing. He shopped around until he found one that said they would cover it but the insurance deductible gonna be 15% or 15k meaning he better have 15k at least if his home gets damaged. If the damaged is less he gets nothing.

All this because of Fat ass Ron Deshamtis aka salami boy. fukk that POS

The kicker is they can cancel the policy at anytime though. That’s what happened last year. The policies got cancelled 2 hrs before the hurricane hit. Trash ass fukking state man

What did DeSantis do with respect to insurance companies? Give them free reign?

 

[Sohh_lifted]

The Impact of Florida’s Tort Reform Bill on Insurance Litigation | Faegre Drinker Biddle & Reath LLP

www.faegredrinker.com

https://www.wfla.com/news/local-news/proposed-tort-reform-would-be-catastrophic-for-floridians-tampa-attorney-says/

@LeVraiPapi you also left out the fact that its gonna be extremely difficult to sue the insurance companies

 

[Sohh_lifted]

What did DeSantis do with respect to insurance companies? Give them free reign?

https://www.wfla.com/news/local-news/proposed-tort-reform-would-be-catastrophic-for-floridians-tampa-attorney-says/

The law was signed and passed.

“House Bill 837 would be catastrophic to Florida families,” said Edward Reyes, founder of The Reyes Firm in Tampa, which represents clients on a number of issues including personal injury, auto accidents, wrongful death and more. “Imagine having to tell a grieving mother that she cannot seek compensation from a driver whose reckless behavior took her child’s life. Imagine having your entire home destroyed by a hurricane, only to have your insurance company deny a claim or low-ball their offer. And imagine if there were nowhere to turn for help. Those nightmare scenarios could become reality under this legislation.”

 

[Sohh_lifted]

at North Of Death being a florida resident, not suprising considering the maga/desantis dikkriding.

 

[skyrunner1]

Breh. My insurance company was kind enough to let me know of those laws and why they were moving away from FL. I’m also an independent adjuster and I could tell you this shyt is real here. Lotta companies leaving and I think it’s on purpose because the ones left can do whatever they want since there’s scarcity.

Whats your view on being an independent adjuster?

 

[Loose]

Yeah I was going to build a new home, cost ridiculous right now. I'll wait a few years

 

[Conan]

Who doesn’t research expenses before making a 6 figure multi decade commitment

People who believe that a residential home is an investment, not an expense

 

[Swirv]

Brehs FL is trash. Like no joke. It’s just trash. My insurance went from 3k to 10k in 1 year. My neighbor insurance company cancelled his because a tree was too tall. They just decided to cancel. No notice nothing. He shopped around until he found one that said they would cover it but the insurance deductible gonna be 15% or 15k meaning he better have 15k at least if his home gets damaged. If the damaged is less he gets nothing.

All this because of Fat ass Ron Deshamtis aka salami boy. fukk that POS

The kicker is they can cancel the policy at anytime though. That’s what happened last year. The policies got cancelled 2 hrs before the hurricane hit. Trash ass fukking state man

This is messed up, you pay all that money and they leave you high and dry. So what, after the hurricane passes they reactivate your shyt

 

[jilla82]

was just considering moving to fl end of year for the no income tax

just rent.

home ownership is overrated for most people

 

[69 others]

Brehs FL is trash. Like no joke. It’s just trash. My insurance went from 3k to 10k in 1 year. My neighbor insurance company cancelled his because a tree was too tall. They just decided to cancel. No notice nothing. He shopped around until he found one that said they would cover it but the insurance deductible gonna be 15% or 15k meaning he better have 15k at least if his home gets damaged. If the damaged is less he gets nothing.

All this because of Fat ass Ron Deshamtis aka salami boy. fukk that POS

The kicker is they can cancel the policy at anytime though. That’s what happened last year. The policies got cancelled 2 hrs before the hurricane hit. Trash ass fukking state man

As an agent in the state, I want to clear some of this up.

Ins in Florida is ass. It's beyond broken.

But, you can't be cancelled without 30 days notice.

Everyone to complains about some shyt like this? They're lying. 100% lying.

What REALLY happens is ins companies send out cancellation notices (for bullshyt or legit reasons, usually bullshyt) but people ignore them or don't take them seriously until it's too late.

Want to know something else?

The rate increases we're seeing right now got approved before the last two storms


These rates are a response to carriers leaving the state BEFORE the death and destruction came twice last fall. There's going to be an even BIGGER correction this year.

is insurance cheaper if you buy a condo in a highrise?

 

[Kyle C. Barker]

Florida is a sandbar masquerading as a state

Elevation of Southern Florida

earthobservatory.nasa.gov

Holy shyt that's legit.

Florida has a chance of going extinct lol

 

[Kyle C. Barker]

What did DeSantis do with respect to insurance companies? Give them free reign?

I haven't kept up with his insurance related moves during his entire stint as governor but last week he did pass a law that was very favorable to insurance companies

 

[Mr. Jack Napier]

Who doesn’t research expenses before making a 6 figure multi decade commitment

A lot of folks who want to "flex" & show that they're better than the next person because they own.