But everything you just said would speak AGAINST what the legislature is doing by forcing insurers to issue policies against their will.
Of course I'm not versed in the details, that's why we have these conversations.
Do you believe that, absent intervention by government, insurance would be impossible to obtain in a state like Florida? Or is your argument that government has messed things up so bad that only further government intervention can help?
I guess the problem on threads like this is there are many participants with different points of view, and it's hard to keep them all separated when responding. We have the anti-state-intervention people, they free-market people, the "insurance companies are evil" people, the "republicans better make government work for us" people, and the "insurance should follow the 'from each according to their ability, to each according to their need' philosophy.
So, should we required that any insurance company offering insurance in the state of florida to offer it at a price less than when the actuarial costs to them are, forcing them to overcharge others to compensate? Should we require that if they offer car insurance they MUST offer homeowner's insurance even if they don't think that is a profitable business for them?
What burden to we want to put on the insurance business?
Believe it? I have seen it with my own eyes! I thank God every day that I have not been dumped by my Homeowners insurer. That said, the "Dear John" letter could be in the mail right now. I have all my insurance with them, and while I could save money by switching my cars to another provider, it would cost me more when my homeowners policy was cancelled.
Or is your argument that government has messed things up so bad that only further government intervention can help?
Mother Nature has messed things up so bad that something HAD to be done, and Citizens is it. It was the only way that homes could be, and are being, bought and sold in the state. Citizens was intended to be a stop gap measure that would go away once Insurers started to write policies again, but that is unlikely to happen.
If all insureres pull out, at least Citizens would be able to get some of the cherry policies, and spreading the risk out more would help keep the premiums down. As I said, we understand that we have to pony up. We just want the insurance companies to pony up as well. Either they are in all the way, or they are out.
All the way.
That is why America is dead. This is FREE REPUBLIC, arguably the most "conservative" voice/bb on the internet, and half the people in these threads, whether it is about the price of gasoline at the pump, price of banking fees, insurance costs, or whatever johnny come lately "price gougers" are out there in the cross hairs of some bureaucrat, they desert the principles of the market and individual freedom faster than Brittany Spears can run to a line of coke. If people will not defend the freedom of companies to operate HERE, they won't do so anywhere. We have few real believers in freedom in this country anymore. Mainly, we have a bunch of whining geezers who could care less about freedom and principles of liberty. As long as they can slop at the state or federal trough, or can whine about the state not tilting the trough their way so that the swill flows towards them, they are happy, will wave the flag and get all misty eyed singing the star spangled banner.