LOL We already have it. It's called Citizen's. It's the state subsidized insurance we made from the last time we had this crisis. But they didn't want it to actually be competitive with the "free market" so they gave it all kinds of rules to hamper it, like you must carry flood insurance even if you aren't in a flood zone, which raises the premiums for all kinds of people who wouldn't otherwise be required to have it. They just reversed that requirement but it's too late. We are getting re-zoned across the state. In a few years EVERYONE will be a flood zone (because of course we are thanks to climate change) so all the homeowners here will need it anyways. I think right now we are at our last 2 insurers. If they pull out its only the government cheese for home insurance. It's just all kinds of mess and they don't want to change it because "muh free markit" so everyone is just angry about this. Gov Dickwad here wants to try and paint the insurers as the bad guys (and they are because insurers are bad guys by default) but even the most brainrotted conservative knows this issue is political and lies at the heart of his refusal to take action.
What I EXPECT to happen is they relax the rules for insurers on how they can provide flood and home insurance to people basically giving them policies they pay on that the insurers can find a million reasons to skimp on payouts. What will actually happen is they lower the standards for how an insurer can setup shop here in the state and we get a bunch of mom-and-pop insurers that seem like a great solution for a particular region like the Miami metro Dade area and they experience a catastrophic storm a year or two after a bunch of people get on it and just flop and everyone loses their homes because that is what this fucking clown-ass state deserves.
With insurance our housing market can pace with the rest of the nation. Without insurance we are one or two hurricane seasons away from the housing market here collapsing like an insert any element of our crumbling infrastructure here.
That’s what I was saying. I literally have citizens but I’m being “depopulated” and my policy is transferring to a new formed insurance company (loggerhead something) with $400+ annual increase. Everyone in Florida is fucked. But it’s also not just homeowners insurance its auto too. The big companies do both and almost all of them left.
LOL it's fucking wild, too. Anything to not let Citizen's become a proper state insurer. I hate it for you but also would be hilarious when that new company goes under after a bad hurricane and fucks everyone.
LOL We already have it. It's called Citizen's. It's the state subsidized insurance we made from the last time we had this crisis. But they didn't want it to actually be competitive with the "free market" so they gave it all kinds of rules to hamper it, like you must carry flood insurance even if you aren't in a flood zone, which raises the premiums for all kinds of people who wouldn't otherwise be required to have it. They just reversed that requirement but it's too late. We are getting re-zoned across the state. In a few years EVERYONE will be a flood zone (because of course we are thanks to climate change) so all the homeowners here will need it anyways. I think right now we are at our last 2 insurers. If they pull out its only the government cheese for home insurance. It's just all kinds of mess and they don't want to change it because "muh free markit" so everyone is just angry about this. Gov Dickwad here wants to try and paint the insurers as the bad guys (and they are because insurers are bad guys by default) but even the most brainrotted conservative knows this issue is political and lies at the heart of his refusal to take action.
What I EXPECT to happen is they relax the rules for insurers on how they can provide flood and home insurance to people basically giving them policies they pay on that the insurers can find a million reasons to skimp on payouts. What will actually happen is they lower the standards for how an insurer can setup shop here in the state and we get a bunch of mom-and-pop insurers that seem like a great solution for a particular region like the Miami metro Dade area and they experience a catastrophic storm a year or two after a bunch of people get on it and just flop and everyone loses their homes because that is what this fucking clown-ass state deserves.
With insurance our housing market can pace with the rest of the nation. Without insurance we are one or two hurricane seasons away from the housing market here collapsing like an insert any element of our crumbling infrastructure here.
That’s what I was saying. I literally have citizens but I’m being “depopulated” and my policy is transferring to a new formed insurance company (loggerhead something) with $400+ annual increase. Everyone in Florida is fucked. But it’s also not just homeowners insurance its auto too. The big companies do both and almost all of them left.
LOL it's fucking wild, too. Anything to not let Citizen's become a proper state insurer. I hate it for you but also would be hilarious when that new company goes under after a bad hurricane and fucks everyone.
BACK TO CITIZENS!