Insurance is a ripoff. Look how many commercials and advertisements they run. For home insurance even the high deductible policies are sky high.
Do-it-yourself parenting and do-it-yourself taking care of your parents is looking better all the time.
Has anyone ever heard of a Hurricane, or witnessed the damage they bring ashore? Insurance Companies payout BILLIONS on storms, floods, fires. The State must also authorize rate increases, which must be justifed. Insurance Companies have no control over the weather.
I’m guessing these insurance hikes are not only from inflation, but also from national insurance companies who need to charge someone for all the lootings, carjackings, property damage, and other undeterred lawlessness these past few years.
Cocoon!
Antiarins have been capturing too many residents.
The roofers demand absurd prices for roof repairs. If the insurer refuses to pay, then unlimited lawyers fees are payable.
The law has been changed, but claims under old law are still pending.
Something like 8% of premiums are used to pay legitimate claims.
We have lots of crooks in Florida.