Comments by "" (@commonsense6967) on "Homeowners Insurance Premiums EXPLODING...AGAIN!" video.

  1. I'd had only one auto insurance company for 50 years(!) and have a good driving record. When I called the agent to tell her I wanted to drop one of the coverages, she told me it would make no difference in premium price--even though it clearly states the added cost right on the premium due notice. I immediately switched to another auto insurer, got the same coverage minus the one I wanted to drop, and that reduced my premium cost by $150. My old insurance agent lied to my face! Now I have 6 months' coverage for a little over $300 in N. FL, so I'm happy.
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  2. What can they do? Insurance companies have to survive, or they leave the state, as hundreds have already done.
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  3. I'm not Michael, but I live in FL. As evidence the state is econoically sound, we've got a 2.5% UE rate as of a month or so ago, and the state pension fund does not allow ESG investing, so it is managed well and, unlike many other states, the pension fund is almost fully-funded. FL law requires a balanced budget every year, so state government has very little debt. As for all the "national" issues you mentioned, they are everyday real living/working/family issues in everyone's daily lives, and we are fortunate that we have a brilliant and freedom-loving governor and legislature that took them on in a way that was constitutional and fair. As a result, life in FL has been greatly enhanced in ways that other states can only wish for. That said, as in ALL Democrat-Marxist-run cities everywhere, crime and illegal migrants and drugs, especially Fentanyl, are problems in FL big blue cities that are getting worse. Gov. DeSantis even tried to do something about these, too, as you know, but open borders/Mexican drug cartels/illegal immigration, etc. are problems that probably won't be solved till DeSantis becomes POTUS in 2024, God willing.
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  4. I think the legislature did outlaw assignments of benefits from homeowners to businesses a few months ago, as certain roofers and dishonest homeowners created the rip-off of insurance companies, apparently.
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  5. To be fair, insurance companies have the right to make a fair profit, but they couldn't in FL, so many left. The legislature is phasing in a plan where everyone with homeowners will also have to have flood insurance in order to bring down the costs. So they say and hope, but I'm not buying it. Not sure there IS a fair solution.Citizens Insurance is the best that can be done.
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  6. Here's how to solve the homeowners insurance crisis: drop them like a hot potato. Pay off yourmortgage and tell them " buh-bye"!
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  7. I agree, if by "corrupt"you mean "socialist", because the extra costs should be borne by the idiots living on the beaches and coastlines, not by the rest of us.
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  8. I have lived all over N FL, and always liked living in Pensacola. Nice beaches there, too.
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  9. Yeah. All the wildfires.
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  10. It's all by design.
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  11. We have no proof of "man-made climatechange", but when I grew up in Old FL in the 1950's, people had sense enough not to build on the ever-shifting sands of a beach. The houses were concrete block with terrazzo floors onthe island I grew up on, and most were at least a block or two from the beach. No insurance crisis then. Stupidity and greed caused people to build on the beaches, with predictable results. Look at Surfside. It didn't even need a hurricane to collapse.
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  12. Yeah, construction and services costs have nearly doubled in the last few years. My new roof a year ago was at least triple what the previous one cost, and the new hot water heater was too!
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  13.  @william-fla-321  I had a whopping insurance increase, so I dropped it, but so far, in N. FL, the only tax increase came from the scam voters approved in my Democrat-run city, the Childrens' ServicesFund, which provides ridiculously high salaries to its director and admin. staff and no services not being provided elsewhere in government.
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  14.  @rochellet1333  No.
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  15.  @FamousWolfe  That is exactly what I'm doing as of this year. I figure I had a high deductible anyway, and since nothing happened to my house in 34 years, no hurricane/fire/catastrophic ground collapse/flood, etc. No claims ever made in 34 years, so how likely is this house to actually USE insurance in the next 15 years or so? Probably not very likely.
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  16. It can only get worse if you allow it. At the rates they're charging, self-insuring becomes apotentially reasonable idea, if you've been in the same house for decades (like me) and never had any flooding or hurricane damage.
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  17. Mine in N. FL went from $1,200 in 2022 to about $3300 in 2023, if I hadn't dropped my insurance, that is!
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  18.  @BrianSkahan-bps  Klaus Schwab, head of WEF.
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  19.  @N_Harkin  We don't have true capitalism, that's the problem. We have crony capitalism, aka fascism.
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  20.  @tonyn3227  Lawsuit, probably, as for the neighbors. Guess he better watch his stove closely. Since dropping my homeowners', I watch my stove extra carefully, too.
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  21. N. FL definitely hasa change of seasons! My pipes froze rightbefore Christmas last year, for the first time in 34 years.
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  22. Actually, population growth is at an all-time low in most " first-world" countries. That's why there are fewer and fewer workers to support retirees SS now and in future.
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