Are folks in other states seeing the massive increase in home owners insurance ?
Florida here: went from $2500 to $3500 at one year renewal.
Is this the case across the company or has bidet found a way to cause this only to happen in red states ?
I was just in FL looking at houses, and the explanation I was given was that the Fed Govt subsidized insurance in FL for decades and they are now phasing towards ending the subsidy. In short, it costs too much to rebuild after a hurricane, so the long term goal is to get homeowners to foot the entire bill which could be around $30K/year.