“Why are insurance costs the result of the government?
Are you just complaining that the taxpayers in the rest of the country are not subsidizing your insurance costs?”
They are the problem of the FLA govt because past commissioners allowed the insurance companies to set up “of Florida” corporations and then plead poor. Taxpayers in the rest of the country are not subsidizing. If they are, its because ins. co’s are ripping them off but the ultimate blame is past Fl govt.
So there is a law that could be passed, that would lower the cost of home insurance in Florida, and they are just refusing to pass it because...?
I dont get it. Would private insurance companies go in and insure a house against a hurricane for less than they are charging now, and the State will not let them? Sounds crazy.