[Texas Fossil]

↑ Price Inflation, ↑ Interest Rates, ↑ Property Taxes, ↓ Dollar Value = Klaus Schwab: "Zee will own nothing Zan will be happy" (Slavery to the Globalist State.)

[Texas Fossil]

I personally know 2 large Insurance Companies who fly the ESG (Ecology, Social, Government) flag and promote using the ChiCom Social Scoring System.

We witness the Communists, Fascists (Global Corporations) and Islamists attack upon Christians, Jews and Freedom Lovers.

Battle lines are forming.

This is a good article.

[Captain Peter Blood]

At what point do people without a mortgage just quit getting insurance?

[devane617]

Buy real estate in southern Ga, AL, or Ms...Folks are already packing up in FL.

[CFW]

I’m about ready to just drop the home insurance and hope for the best. We haven’t made a claim in the 40+ years of home-ownership and our bill increased about fifty percent in the past two years. We also received our property evaluation notice which means our property taxes are going to almost double for this year (due very conveniently about three days before Christmas).

My husband and I purchased our property and lived on it in a travel travel trailer as we worked to build the house. If something happens to it, we can return to that type of living now that it is just the two of us. When we started out our married life, we had one cast-iron skillet and few a dishes given to us by friends and relatives. That’s about all I would need now to cook a meal.

[Recovering_Democrat]

In Florida, “all the major carriers (insurers) left and so you ended up with this market which is populated by a large number of very small, very thinly capitalised insurers which is exactly what you don’t want,” James Vickers, chairman international, reinsurance, at Gallagher Re told Reuters.... In Florida specifically, homeowners insurance costs have now generally risen higher than the mortgage payment for a middle-class family. This is not sustainable.

I think the biggest problem left unaddressed by the Republican legislature and Ron DeSantis is the property insurance problem. They DID pass a law limiting the sleazeball lawyers that are all over this state trying to create bogus claims for losses on property...but I don't know of anything they've done to increase competition "per se"...our homeowners insurance went up something like 40%.

Indeed, it is unsustainable. Nothing good can come from a home that is not insurable. Government insurance is not a viable solution, there needs to be private underwriters who can offer different policies. And right now Florida does not have a lot of companies doing that--that MUST change.