It's part of the risk we take to live here. We just don't have to like it. : )
But yeah, like I said, I was glad that it's being discussed as a 25% cap on increases. I had already calculated for more, so this is nice. Let's hope that next year is a big letdown on the number of storms they are predicting.
I still care - Yeah, that's going to be very hard for those on fixed incomes. It may be that many of those elderly are living in condos, though. They won't see the major increases as much as single family home I imagine (hope.)
Is anyone associated with this bill proposing any age related caps?
I realize this is a free market but the price of insurance, taxes and utility "fees" keeps going up seemingly out of control.
We are getting squeezed out. We will be looking at a move in the next two years to another state.