This is a great read about what's going on in FL property insurance.
We have friends who just had to sell & move bc their insurance went UP by $8500.00 year!
Average homeowners' insurance here is now $6000.00? vs $1500.00 per yr in most the US?
https://www.hamiltonnolan.com/p/insurance-politics-at-the-end-of
@VictoriaLandis1 --One of the tragedies created by DeSantis was that he convened a separate legislative session at the end of 2021 to address the property insurance issues in the state. Once the legislature convened DeSantis dropped any effort to address property insurance revisions to pursue his 'Don't Say Gay' agenda. A large portion of the GOP fails to realize that their government has failed them. But these folks are so enamored with the MAGA ideology that they don't care.
Many of them are discovering that now. Insurance inspectors who wrote damage reports after Hurricane Ian are complaining that the final settlements are a fraction of the payable amounts the inspectors recommended for the insured homeowners.
@VictoriaLandis1 --I don't doubt that one bit. The P&C industry was able to use the lack of hurricane or flood insurance to deny benefits to policy holders. The idea of living on a landfill in Southwest Florida, without proper insurance coverage is nutty. This is especially so given that FL is in the path of most hurricanes that strike the continental US.